Switzerland's central bank, the Swiss National Bank (SNB), has made it clear that it will not include cryptocurrencies like Bitcoin in its reserves. The main reasons are:
Extreme Price Fluctuations – Cryptocurrencies can rise and fall in value unpredictably, making them unreliable as a store of value.
Legal Uncertainty – There are not enough legal protections and clear regulations around cryptocurrencies.
Technical Issues – Since cryptocurrencies are based on software, they can have bugs or security vulnerabilities.
SNB Vice President Martin Schlegel stated that their reserves are meant to support Switzerland’s monetary policy, and cryptocurrencies do not fit this purpose.
Meanwhile, in the U.S., there is growing government interest in crypto. President Trump recently ordered the creation of a U.S. Strategic Bitcoin Reserve using confiscated cryptocurrencies, signaling a shift toward adopting digital assets. Some U.S. states are also exploring ways to invest public funds in Bitcoin.
In contrast, Switzerland remains skeptical, sticking to traditional financial strategies and avoiding digital assets in its reserves.