克里斯汀·拉加德（Christine Lagarde）表示，比特幣將不會成為歐洲中央銀行儲備的一部分。

辯論源於捷克國家銀行（Czech National Bank）通過新資產多樣化其儲備的提議，但不包括加密貨幣。

European Central Bank (ECB) President Christine Lagarde has stated that Bitcoin will not be included in the central banks' reserves in the Eurozone.

歐洲中央銀行（ECB）總統克里斯汀·拉加德（Christine Lagarde）表示，比特幣將不包括在歐元區中央銀行的儲備中。

The discussion arises from the proposal of the Czech National Bank to diversify its reserves with new assets, excluding however the cryptocurrency. In this article, we see all the details.

討論源於捷克國家銀行（Czech National Bank）通過新資產多樣化其儲備的提議，但不包括加密貨幣。在本文中，我們看到了所有細節。

ECB reiterates need for liquid and safe assets: problems for Bitcoin

歐洲央行重申需要液體和安全資產的需求：比特幣的問題

European Central Bank President Christine Lagarde stated firmly on Monday, January 30, that Bitcoin will not become part of the reserves of European central banks.

歐洲中央銀行總裁克里斯汀·拉加德（Christine Lagarde）在1月30日星期一堅定地表示，比特幣將不會成為歐洲中央銀行儲備的一部分。

Her intervention comes after a conversation with the governor of the Czech National Bank, Aleš Michl, who suggested exploring new asset classes to diversify the country's reserves.

她的干預是在與捷克國家銀行總督AlešMichl進行的對話之後，他建議探索新的資產類別以使該國的儲備多樣化。

Lagarde reiterated that central bank reserves must consist of liquid, safe, and secure assets, characteristics that, according to the ECB, Bitcoin does not meet:

Lagarde重申，中央銀行的儲備必須由液體，安全和安全的資產組成，這些特徵是歐洲央行，比特幣不符合：

“I am confident that BTC will not be included in the reserves of central banks under our advice,” she stated to the members of the press on January 30.

她在1月30日向媒體成員表示：“我相信，BTC將不包括在中央銀行的儲備中。”

This stance highlights the clear division between traditional financial institutions and the cryptocurrency industry, which in recent years has seen a growing interest from some governments in holding Bitcoin as a strategic asset.

這種立場強調了傳統金融機構與加密貨幣行業之間的明確分歧，近年來，一些政府對將比特幣作為戰略資產的興趣日益增加。

The debate on Bitcoin as a store of value was sparked by the decision of the Czech National Bank to explore new assets to diversify its portfolio.

捷克國家銀行（Czech National Bank）探索新資產以使其投資組合多樣化的新資產的決定激發了關於比特幣作為價值存儲的辯論。

However, the bank did not include Bitcoin among the options, probably to avoid risks related to its high volatility.

但是，該銀行沒有在選項中包括比特幣，可能是為了避免與其高波動性有關的風險。

The suggestion by Governor Aleš Michl to expand the CNB's portfolio was met with caution by the ECB. The European institution remains firm in its conservative approach, emphasizing the risks associated with criptovalute.

歐洲央行謹慎地遵守了州長阿勒什·米歇爾（AlešMichl）的建議，以擴大CNB的投資組合。歐洲機構在其保守的方法中仍然堅定，強調了與Criptovalute相關的風險。

According to Lagarde, one of the main concerns is financial stability: Bitcoin is known for its volatility and lack of adequate regulation, elements that make it unsuitable as a reserve for a central bank.

根據Lagarde的說法，主要問題之一是財務穩定性：比特幣以其波動和缺乏適當的法規而聞名，這使其不適合作為中央銀行的儲備。

Bitcoin in State Reserves: a Growing Trend?

國家儲備中的比特幣：增長趨勢？

Although Europe shows skepticism, the topic of Bitcoin reserves has become a global discussion point. After Donald Trump’s reelection in 2024, in the United States proposals have increased for the adoption of Bitcoin as a reserve asset.

儘管歐洲表現出懷疑，但比特幣儲備的話題已成為全球討論點。唐納德·特朗普（Donald Trump）於2024年連任後，在美國採用比特幣作為儲備資產的提議增加了。

Several American states, including Texas, Utah, Illinois, and Arizona, have introduced bills to create Bitcoin reserves, following the example of the Satoshi Action Fund, an advocacy group that promotes the adoption of cryptocurrencies in public institutions.

包括德克薩斯州，猶他州，伊利諾伊州和亞利桑那州在內的幾個美國州，已提出法案來創建比特幣儲備，以Satoshi Action Fund的示例，Satoshi Action Fund是一個倡導集團，該基金促進了在公共機構中採用加密貨幣。

Even in the private sector, cryptocurrencies are gaining ground. The CEO of Coinbase, Brian Armstrong, recently suggested that nations adopt Bitcoin as a hedge against inflation.

即使在私營部門，加密貨幣也在發展。 Coinbase的首席執行官布萊恩·阿姆斯特朗（Brian Armstrong）最近建議，各國採用比特幣作為抵抗通貨膨脹的對沖。

A strategy already implemented by El Salvador, which continues to accumulate BTC as part of its national reserves.

薩爾瓦多已經實施的一項戰略，該戰略繼續積累BTC作為其國家儲備的一部分。

Unlike the United States and other emerging countries, the European Union continues to resist the adoption of Bitcoin in its reserves.

與美國和其他新興國家不同，歐盟繼續抵制在其儲備中採用比特幣。

The president of the BCE is not the only one expressing skepticism. Several European officials have indeed reiterated multiple times that cryptocurrencies cannot yet be considered safe financial instruments.

BCE的總統並不是唯一表達懷疑的人。幾位歐洲官員確實多次重申，加密貨幣還不能被視為安全的金融工具。

Christine Lagarde emphasized how the ECB's attention is focused on more regulated alternatives, such as the possible development of a digital euro.

克里斯汀·拉加德（Christine Lagarde）強調了歐洲央行的注意力如何集中在更監管的替代方案上，例如可能的數字歐元發展。

The central bank is indeed studying solutions based on blockchain that can offer the benefits of cryptocurrencies without the risks associated with their volatility.

中央銀行確實正在研究基於區塊鏈的解決方案，該解決方案可以提供加密貨幣的好處，而沒有與其波動性相關的風險。

In the meantime, the BCE maintains a cautious position, stating that any change in the reserve system will have to go through a thorough and rigorous analysis.

同時，公元前保留了一個謹慎的立場，指出儲備系統中的任何變化都必須進行徹底而嚴格的分析。

The impact on the bull market of cryptocurrencies

對加密貨幣牛市的影響

The statements by Lagarde do not seem to have had a negative impact on the price of Bitcoin, which is currently around 105,731 dollars, up by 3.8% in the last 24 hours.

Lagarde的聲明似乎並沒有對比特幣的價格產生負面影響，比特幣目前約為105,731美元，在過去24小時內增長了3.8％。

This demonstrates how the cryptocurrency market continues to move independently of the statements from traditional financial institutions.

這表明了加密貨幣市場如何繼續獨立於傳統金融機構的陳述。

However, the position of the ECB could slow down the institutional adoption of Bitcoin in Europe. If the United States were to implement a strategic reserve of Bitcoin, the European Union might find itself in the position of having to reconsider its own strategy.

但是，歐洲央行的位置可能會減慢歐洲比特幣的機構採用。如果美國要實施比特幣的戰略儲備，那麼歐盟可能會發現自己必須重新考慮自己的戰略。