瑞士的中央銀行不希望與比特幣無關，無論美國發生了什麼

即使唐納德·特朗普（Donald Trump）現在回到白宮，也推動了戰略性比特幣儲備金，瑞士國家銀行（SNB）也明確了

Switzerland's central bank has no interest in buying Bitcoin, even as Donald Trump's administration pushes for it in the United States.

瑞士的中央銀行對購買比特幣沒有興趣，即使唐納德·特朗普在美國推動了比特幣。

As the former president returns to the White House with an agenda that includes setting up a strategic Bitcoin reserve, the Swiss National Bank (SNB) remains unmoved.

隨著前總統以一個議程返回白宮，包括建立戰略比特幣儲備，瑞士國家銀行（SNB）仍然不可動搖。

“We do not have plans to buy crypto assets,” Martin Schlegel, the bank's vice chairman, told Blockworks in an interview at the SNB's Zurich headquarters on Thursday.

該銀行副主席馬丁·施萊格爾（Martin Schlegel）在周四在SNB的蘇黎世總部接受采訪時對Blockworks表示：“我們沒有購買加密資產的計劃。”

Instead, Schlegel highlighted Bitcoin's price swings, lack of legal protections and overall instability as key reasons why it wouldn't be part of the bank's balance sheet.

取而代之的是，施萊格爾（Schlegel）強調了比特幣的價格波動，缺乏法律保護和整體不穩定是為什麼它不會成為銀行資產負債表的一部分的關鍵原因。

"For example, it's the preservation of value," Schlegel said of the SNB's foreign exchange reserves, which are used for monetary policy. "And as you know, cryptocurrencies have large fluctuations in value, so this is not a given."

施萊格爾談到SNB的外匯儲備時說：“例如，這是維護價值的保存。” “正如您所知，加密貨幣的價值波動很大，因此這不是給定的。”

"The question mark is also around the liquidity of these assets," he added. "We have traditional currencies, like the U.S. dollar or the Japanese yen, which are recognized legal tender and have deep liquidity markets. But if you look at Bitcoin or other crypto assets, they have limited legal recognition in most jurisdictions and their markets are relatively small and concentrated."

他補充說：“問號也圍繞著這些資產的流動性。” “我們有傳統的貨幣，例如美元或日元，這些貨幣是公認的法定貨幣並具有深厚的流動性市場。但是，如果您查看比特幣或其他加密資產，它們在大多數司法管轄區的法律認可有限，他們的市場相對較小且集中。”

Unlike traditional currencies, which are issued and guaranteed by sovereign states, Schlegel said that Bitcoin is a software-based asset, rendering it susceptible to bugs, technical risks and potential malfunctions.

與主權國家發行和保證的傳統貨幣不同，施萊格爾說，比特幣是一種基於軟件的資產，使其容易受到錯誤，技術風險和潛在故障的影響。

"In the case of Bitcoin, for instance, a critical software error or a widespread technical issue could potentially halt the entire network and leave users' funds inaccessible," he explained.

他解釋說：“例如，在比特幣的情況下，重大軟件錯誤或廣泛的技術問題可能會停止整個網絡並使用戶的資金無法訪問。”

"While the probability of such extreme scenarios might be low, the potential consequences could be significant, especially in the context of monetary stability, which is the primary objective of the central bank."

“儘管這種極端情況的可能性可能很低，但潛在的後果可能會很大，尤其是在貨幣穩定的背景下，這是中央銀行的主要目標。”

The SNB's stance contrasts sharply with a popular initiative in Switzerland to force the central bank to hold Bitcoin in its reserves. The proposal, which has already gathered over 50,000 signatures, needs 100,000 by June 2026 to trigger a public vote.

SNB的立場與瑞士的一項流行倡議形成鮮明對比，迫使中央銀行在其儲備中持有比特幣。該提案已經收集了50,000多個簽名，到2026年6月需要100,000個簽名才能引發公眾投票。

If that threshold is reached, the Swiss public—not the central bank—will have the final say on whether Bitcoin becomes part of the nation's official reserves.

如果達到該門檻，瑞士公眾（而不是中央銀行）將對比特幣是否成為該國官方儲備的一部分有最終決定權。

But even as Switzerland experiments with a wholesale central bank digital currency (CBDC) and the Trump administration pushes for U.S. involvement in Bitcoin, Schlegel's position seems set in stone.

但是，即使瑞士批發中央銀行數字貨幣（CBDC）和特朗普政府推動我們參與比特幣的實驗，施萊格爾的立場似乎是牢固的。

Last November, Schlegel dismissed interest in Bitcoin as a "niche phenomenon" during a press conference.

去年11月，施萊格爾（Schlegel）在新聞發布會上駁斥了對比特幣的利益為“利基現象”。

Now, as the administration mulls including Bitcoin in U.S. monetary policy, Schlegel's response suggests that the SNB's policy is set in stone.

現在，隨著政府在美國的貨幣政策中進行包括比特幣在內的審議，施萊格爾的回應表明，SNB的政策是建立的。

"We are aware of the discussions in the U.S., but our thinking remains the same: the SNB's foreign exchange reserves are used for monetary policy purposes and must meet specific criteria, such as stability of value, liquidity and legal certainty," Schlegel said.

施萊格爾說：“我們知道美國的討論，但我們的思想仍然相同：SNB的外匯儲備用於貨幣政策目的，必須滿足特定的標準，例如價值，流動性和法律確定性的穩定性。”

"We do not see Bitcoin, at least at the moment, fulfilling these criteria to be included in the SNB's balance sheet."

“至少目前，我們尚未看到比特幣符合SNB資產負債表中包含的這些標準。”