#TariffsPause Schlegel clarified that the currency reserve policy at the Swiss National Bank prioritizes highly liquid assets, enabling quick buying and selling of foreign currencies when needed. He also pointed out the inherent volatility in digital currencies, stating that they generally exhibit 'very, very high' fluctuations in value, which severely undermines their effectiveness in maintaining the resilience and stability of the bank's reserves. These concerns continue to drive the Swiss National Bank's conservative stance towards digital currencies despite increasing external pressures. While the Swiss National Bank remains steadfast in its opposition, the efforts of the referendum highlight the ongoing debate about the future structure of Switzerland's monetary guarantees.