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Swiss National Bank (SNB) Vice President Martin Schlegel clarified Thursday in Zurich that Switzerland’s central bank has no intention of adding bitcoin or other cryptocurrencies to its reserves. His statement came amid mounting international attention on digital assets, particularly after U.S. President Donald Trump recently advocated for the United States to establish a strategic crypto reserve. Despite the shift in sentiment from some political figures, Schlegel reaffirmed the SNB’s longstanding position against digital currency holdings. Citing concerns over extreme price swings, insufficient safeguards, and a weak legal foundation, Schlegel told Bloomberg Television: We do not have plans to buy crypto assets. He emphasized that the SNB’s foreign-exchange reserves are strictly allocated for implementing monetary policy and that digital currencies fall short of supporting this role. The central banker elaborated: “For example, it’s the preservation of value. And as you know, cryptocurrencies have large fluctuations in value, so this is not a given.” He also raised technical doubts, pointing out that cryptocurrencies “are basically software” and are susceptible to bugs, further undermining their reliability. While the SNB remains opposed, the United States is heading in a different direction. President Trump has made a historic pivot by signing an executive order that creates a U.S. Strategic Bitcoin Reserve and a national digital asset stockpile, repurposing confiscated cryptocurrencies into a “digital Fort Knox.” This move reflects a broader federal shift toward embracing crypto infrastructure, with Congress currently advancing multiple bills aimed at integrating blockchain technologies into government systems. Moreover, multiple states are spearheading similar efforts, each proposing legislation to invest state funds into bitcoin and other digital assets. These developments contrast sharply with the SNB’s approach, which remains deeply skeptical of cryptocurrency’s role in central banking. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

South Korea Pushes for a Bitcoin Reserve. Could $BTCBULL Presale Benefit? The South Korean Democratic Party has called for the formation of a Bitcoin reserve in their country as a response to Trump’s announcement of a US Bitcoin reserve. With nations racing to hoard Bitcoin, the price of $BTC can only rally.  If you want to get in on that action, it could be worth checking out a meme coin designed to ride on Bitcoin’s coattails, BTC Bull Token ($BTCBULL). South Korea Takes Cue from the US Just two days back, Trump signed an executive order to set up a Bitcoin reserve in the US, calling it the ‘digital Fort Knox for digital gold.’ He also laid down the country’s plan to build a stable pile of the best altcoins. As expected, this has started a global crypto race, and South Korea is among the first countries to hop on the bandwagon. South Korea’s quick response is .

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US reserves status quo: Gold, oil and the emerging role of Bitcoin The US government has long relied on gold and oil as reserve assets, but with the growing institutional adoption of Bitcoin BTCUSD , its potential role as a strategic reserve has increased substantially. This possibility and potential of the Bitcoin strategic reserve have seen a major tailwind as the new administration took charge in the US in January 2025. While gold has historically backed monetary systems and oil remains a key economic and security asset, Bitcoin represents a new kind of digital reserve that challenges traditional financial paradigms.  The United States holds substantial reserves in gold and oil, but its Bitcoin holdings are comparatively small and primarily acquired through asset seizures. As of the third quarter of 2024, the US holds approximately 8,133.46 metric tons of gold, valued at around $789. 87 billion (on March 8, 2025), making it the largest sovereign holder of gold reserves.  These reserves have historically been used as a hedge against economic uncertainty and to back the dollar before the gold standard was abandoned in 1971. In the case of oil, the US maintains a Strategic Petroleum Reserve (SPR), which, as of August 2024, holds around 372 million barrels. The SPR was established in the 1970s in response to the oil crisis and is valued at approximately $28 billion at current market prices. These reserves manage supply disruptions, control inflationary pressures, and stabilize energy markets during geopolitical crises. Bitcoin, unlike gold and oil, is not an official reserve asset, but the US government possesses a significant amount through confiscations. Estimates suggest the government controls roughly 200,000 BTC, worth around $15.90 billion at a Bitcoin price of $79,515 (as of March 10).  However, unlike gold and oil, these holdings are not stored as strategic reserves but rather as assets pending auction or liquidation by the Department of Justice and the US Marshals Service. Liquidity and market dynamics of gold, oil and Bitcoin Gold, oil and Bitcoin each exhibit unique liquidity and market dynamics, with gold being the stablest, oil driven by geopolitical factors and Bitcoin characterized by high volatility and 24/7 accessibility. The depth of liquidity of an asset in a market is an extremely important indicator of the asset’s health. Typically, the higher the liquidity, the better the options investors have around pricing and risk management.  Let’s understand how gold, oil and Bitcoin differ from each other in terms of liquidity and market dynamics: Gold: It remains one of the most liquid financial assets, with daily trading volumes exceeding $200 billion across futures markets, exchange-traded funds (ETFs) and over-the-counter (OTC) trades. Its deep liquidity and universal recognition make it a preferred asset for central banks, institutional investors and governments looking to hedge against inflation and currency fluctuations. While gold’s price varies, it has historically maintained lower volatility than most other assets. Oil: It is traded at immense volumes in both spot and futures markets, with daily future volumes reaching about 1 million barrels globally. Unlike gold, oil’s liquidity is largely tied to its industrial demand and geopolitical developments. The price of oil is highly sensitive to supply chain disruptions, the Organization of the Petroleum Exporting Countries (OPEC) decisions and macroeconomic policies. Given its role in energy markets, oil volatility is much higher than gold, with price swings that can result from political instability, production cuts or major conflicts. Bitcoin: Bitcoin, despite being a relatively new asset, is highly liquid, with daily trading volumes often exceeding $30 billion–$50 billion across global exchanges. While BTC has gained legitimacy among institutional investors, it remains significantly more volatile than gold and oil due to speculative demand, regulatory uncertainty and market structure. Unlike gold and oil, Bitcoin operates on a 24/7 trading cycle, making it unique in terms of accessibility and global liquidity. Storage and security concerns for reserve assets Storage and security concerns are crucial for any reserve asset, with each asset presenting unique challenges and costs. Gold: It is typically stored in highly secure facilities such as Fort Knox, the Federal Reserve Bank of New York and other vaults worldwide. The cost of storing gold varies, but large-scale sovereign reserves require substantial security infrastructure, transportation costs and insurance. Additionally, physical gold is vulnerable to theft and requires constant auditing to ensure authenticity and weight accuracy. Plus, custody fees for institutions storing gold in vaults range from 0.10% to 0.50% per year, depending on the storage provider. Oil: Unlike gold and Bitcoin, oil presents logistical challenges as it must be stored in underground salt caverns, refineries or tanker fleets. The cost of maintaining the Strategic Petroleum Reserve requires billions of dollars in infrastructure, maintenance and security. Moreover, oil storage is subject to depreciation due to environmental conditions, evaporation and contamination risks, making it more expensive to maintain than gold or Bitcoin. Bitcoin: Bitcoin storage differs fundamentally, as it is a digital asset. Governments and institutions typically use cold storage wallets and multisignature security to protect their holdings. While Bitcoin custody does not require physical storage facilities, cybersecurity risks such as hacking, private key mismanagement and regulatory oversight present major challenges. Institutional-grade custody solutions like BitGo, Fireblocks and Coinbase Custody charge anywhere from 0.05% to 0.25% per year, significantly lower than gold storage costs. However, the irreversibility of Bitcoin transactions increases the risks associated with mismanagement or unauthorized access. Strategic and economic role of reserve assets Gold, oil and Bitcoin each play strategic roles in global economics, with gold as a hedge, oil influencing geopolitical stability, and Bitcoin emerging as a decentralized asset for inflation protection. All of these assets have gained strategic and macroeconomic significance over time. Their narrative with relevance to the broader capital markets is perhaps what is needed to drive investors’ interest.  Gold: Gold’s strategic role in the global economy dates back thousands of years, serving as a universal store of value and a medium of exchange. The US formally tied its currency to gold in the Bretton Woods system (1944–1971), which established the dollar as the world’s reserve currency backed by gold. Even after the US abandoned the gold standard in 1971, gold remained a key strategic asset held by central banks worldwide as a hedge against currency devaluation and inflation. Oil: It has evolved into an indispensable economic and security asset, with its price fluctuations directly impacting inflation, consumer spending and geopolitical stability. The formation of OPEC in 1960 and the subsequent oil crises in the 1970s demonstrated oil’s ability to drive inflation and shape economic policy. The petrodollar system, in which oil transactions are settled in US dollars, has further solidified oil’s role in global finance, ensuring sustained demand for the dollar and influencing US foreign policy. Bitcoin: BTC’s potential as a reserve asset lies in its decentralized nature, fixed supply (21 million BTC) and resistance to monetary debasement. Unlike gold and oil, which require extensive infrastructure, Bitcoin can be transferred globally in minutes and stored at near-zero cost.  As institutional adoption grows, Bitcoin’s strategic value as a hedge against inflation and government debt is increasingly recognized. The future of US government’s Bitcoin policy Policy moves suggest that the establishment of a strategic Bitcoin reserve could position it alongside traditional assets like gold and oil in the future. In January 2025, President Donald Trump signed an executive order titled “Strengthening American Leadership in Digital Financial Technology,” establishing the Presidential Working Group on Digital Asset Markets to explore the creation of a national digital asset stockpile.  Building upon this initiative, on March 7, President Trump signed another executive order to create a “Strategic Bitcoin Reserve” and a “US Digital Asset Stockpile,” aiming to position the US as a leader in the cryptocurrency space. These reserves will be funded exclusively through cryptocurrencies seized during law enforcement operations, ensuring no taxpayer funds are utilized. However, the reserve will be funded using cryptocurrencies already held by the government, primarily obtained through asset forfeitures rather than through new government purchases. This strategy has had mixed reactions. While some view it as a positive step toward embracing digital assets, others express concern over the lack of new investments and the potential implications of using forfeited assets. As of March 10, 2025, Bitcoin’s value declined by more than 5% to approximately $79,515, reflecting market disappointment over the reserve’s funding approach.  Looking ahead, the US government’s Bitcoin policy is likely to continue evolving. The Presidential Working Group is expected to provide recommendations by July 2025, which could influence future regulatory frameworks, investment strategies and the integration of digital assets into the broader financial system.  As global interest in cryptocurrencies grows, the US may further refine its policies to balance innovation with security and economic stability alongside traditional assets such as gold and oil, which remain integral to the nation’s financial strategy. $BTC

The White House Crypto Summit marked a significant milestone for the cryptocurrency industry, paving the way for a digital future 🌟. President Donald Trump's administration aims to establish regulatory clarity, foster innovation, and safeguard economic liberty 🕊️. *Key Regulatory Frameworks* 📝 - *Strategic Bitcoin Reserve*: A store of value, akin to a digital Fort Knox, holding approximately 200,000 bitcoins seized by the government, without costing taxpayers 💰. - *Digital Asset Stockpile*: A separate reserve for other cryptocurrencies, also funded through forfeiture. - *Presidential Working Group on Digital Asset Markets*: Tasked with developing a federal regulatory framework governing digital assets, including stablecoins, and evaluating the creation of a strategic national digital assets stockpile ¹. *Industry Insights* 💡 Experts believe the summit's outcome will be a defining moment for digital asset policy, with potential implications for institutional adoption and regulatory clarity. Some predict the U.S. will become a global leader in digital assets, while others caution that the reserve's structure and regulatory framework will be crucial in determining the market's response ². *Future Implications* 🌈 The summit marks a pivotal moment for the U.S. as it seeks to position itself as a global leader in the cryptocurrency space. By leveraging its existing bitcoin holdings, the government aims to benefit from the potential growth of digital assets while minimizing risks to taxpayers ³.$ETC