隨著我們的前進，歐洲猶豫了比特幣

儘管美國正在做出大膽的舉動將比特幣整合到其財務戰略中，但歐洲的機構仍然猶豫。

While the U.S. is making bold moves to integrate Bitcoin into its financial strategy, Europe's institutions remain hesitant, reports Bloomberg.

據彭博社報導，雖然美國正在大膽採取行動將比特幣整合到其財務戰略中，但歐洲的機構仍然猶豫。

Despite America's push to establish Bitcoin as part of its national reserves and President Trump's executive order directing authorities to use seized crypto for federal reserves, major financial players in Europe have shown little interest in following suit. More than three weeks after the order, no major European companies have announced plans to hold Bitcoin in their treasuries.

儘管美國推動將比特幣建立為國家儲備的一部分，而特朗普總統的行政命令指示當局將佔領的加密貨幣用於聯邦儲備，但歐洲的主要金融參與者對以下訴訟沒有興趣。訂單後三週以上，沒有主要的歐洲公司宣布計劃在國庫中持有比特幣。

This lack of involvement is surprising considering the interest in cryptocurrencies among Europeans, as evidenced by the popularity of crypto platforms like Bitpanda. A survey by the platform even suggests that financial institutions in the region may be underestimating investor demand by up to 30%.

考慮到歐洲人對加密貨幣的興趣，這種缺乏參與令人驚訝，這是由Bitpanda等加密平台的受歡迎程度所證明的。該平台的一項調查甚至表明，該地區的金融機構可能低估了投資者需求高達30％。

A major factor hindering European institutions is the regulatory uncertainty. Unlike the U.S., where policymakers are shaping clear guidelines for Bitcoin's role, Europe's regulatory environment is fragmented, rendering institutional adoption more challenging.

阻礙歐洲機構的主要因素是監管不確定性。與美國不同的是，政策制定者正在塑造比特幣角色的明確指南，歐洲的監管環境是分散的，使機構採用更具挑戰性。

"A major reason why European corporations have yet to embrace Bitcoin as a reserve asset is the lack of direction from authorities on how to use it," said Elisenda Fabrega, co-founder of blockchain startup Brickken.

區塊鏈初創公司Brickken的聯合創始人Elisenda Fabrega表示：“歐洲公司尚未將比特幣作為儲備資產的主要原因是當局缺乏有關如何使用它的方向。”

While Bitcoin has consistently outperformed traditional investments and offers a hedge against inflation, European firms have been slow to acknowledge its potential. Only a handful of companies, including BNP Paribas, 21Shares AG, VanEck Europe, and Bitpanda, have disclosed any involvement in the crypto sector.

儘管比特幣始終優於傳統投資，並提供對沖通貨膨脹的對沖，但歐洲公司的承認很慢。只有少數公司，包括法國巴黎銀行，21Shares AG，​​Vaneck Europe和Bitpanda，都披露了對加密貨幣領域的任何參與。

Analysts at Bitfinex further note another obstacle—Europe's conservative investment culture. With strict mandates and pension funds focused on minimizing risk, Bitcoin allocations have remained minimal.

Bitfinex的分析師進一步指出了另一個障礙 - Europe的保守投資文化。由於嚴格的授權和養老基金的重點是最大程度地降低風險，比特幣分配仍然很少。

In contrast, the U.S. has witnessed significant interest in Bitcoin ETFs, with products like the iShares Bitcoin Trust providing a convenient avenue for institutional investment. Additionally, America boasts a deeper and more liquid capital market, facilitating greater institutional involvement in cryptocurrencies.

相比之下，美國對比特幣ETF產生了重大興趣，諸如Ishares比特幣信託等產品為機構投資提供了方便的途徑。此外，美國擁有更深層次，更流動的資本市場，從而促進了加密貨幣的機構參與。

However, there are signs that sentiment could shift. BlackRock recently launched a Bitcoin exchange-traded product (ETP) in Europe, potentially paving the way for more institutional engagement.

但是，有一些跡象表明情緒可能會改變。貝萊德（Blackrock）最近在歐洲推出了一家比特幣交易所交易產品（ETP），可能為更多的機構參與鋪平了道路。

But for now, the region lags behind, with regulatory complexity and risk aversion slowing Bitcoin's integration into mainstream finance. In the U.S., the institutional adoption of Bitcoin is proceeding at a faster pace, but even there, the involvement of mega-cap companies is limited, despite President Trump's executive order. Nonetheless, the interest and activity in the crypto space are evident.

但是就目前而言，該地區落後於落後，監管複雜性和風險規避，將比特幣納入主流金融。在美國，比特幣的機構採用速度正在以更快的速度進行，但是即使在那裡，儘管特朗普總統的行政命令，但大型公司公司的參與還是有限的。儘管如此，加密貨幣空間的興趣和活動是顯而易見的。