瑞士的中央银行不希望与比特币无关，无论美国发生了什么

即使唐纳德·特朗普（Donald Trump）现在回到白宫，也推动了战略性比特币储备金，瑞士国家银行（SNB）也明确了

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

瑞士的中央银行对购买比特币没有兴趣，即使唐纳德·特朗普在美国推动了比特币。

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.

随着前总统以一个议程返回白宫，包括建立战略比特币储备，瑞士国家银行（SNB）仍然不可动摇。

“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.

该银行副主席马丁·施莱格尔（Martin Schlegel）在周四在SNB的苏黎世总部接受采访时对Blockworks表示：“我们没有购买加密资产的计划。”

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，施莱格尔（Schlegel）强调了比特币的价格波动，缺乏法律保护和整体不稳定是为什么它不会成为银行资产负债表的一部分的关键原因。

"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."

施莱格尔谈到SNB的外汇储备时说：“例如，这是维护价值的保存。” “正如您所知，加密货币的价值波动很大，因此这不是给定的。”

"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."

他补充说：“问号也围绕着这些资产的流动性。” “我们有传统的货币，例如美元或日元，这些货币是公认的法定货币并具有深厚的流动性市场。但是，如果您查看比特币或其他加密资产，它们在大多数司法管辖区的法律认可有限，他们的市场相对较小且集中。”

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.

与主权国家发行和保证的传统货币不同，施莱格尔说，比特币是一种基于软件的资产，使其容易受到错误，技术风险和潜在故障的影响。

"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.

他解释说：“例如，在比特币的情况下，重大软件错误或广泛的技术问题可能会停止整个网络并使用户的资金无法访问。”

"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."

“尽管这种极端情况的可能性可能很低，但潜在的后果可能会很大，尤其是在货币稳定的背景下，这是中央银行的主要目标。”

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的立场与瑞士的一项流行倡议形成鲜明对比，迫使中央银行在其储备中持有比特币。该提案已经收集了50,000多个签名，到2026年6月需要100,000个签名才能引发公众投票。

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.

如果达到该门槛，瑞士公众（而不是中央银行）将对比特币是否成为该国官方储备的一部分有最终决定权。

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，即使瑞士批发中央银行数字货币（CBDC）和特朗普政府推动我们参与比特币的实验，施莱格尔的立场似乎是牢固的。

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

去年11月，施莱格尔（Schlegel）在新闻发布会上驳斥了对比特币的利益为“利基现象”。

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.

现在，随着政府在美国的货币政策中进行包括比特币在内的审议，施莱格尔的回应表明，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.

施莱格尔说：“我们知道美国的讨论，但我们的思想仍然相同：SNB的外汇储备用于货币政策目的，必须满足特定的标准，例如价值，流动性和法律确定性的稳定性。”

"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，我们尚未看到比特币符合SNB资产负债表中包含的这些标准。”