A Swiss advocacy group has proposed a constitutional amendment to allow Bitcoin to be part of Switzerland's national reserves alongside gold. The proposal seeks to modify the constitution to empower the Swiss National Bank (SNB) to allocate part of its reserves to Bitcoin. The advocates argue that adopting BTC could enhance Switzerland's financial sovereignty. The proposal must gather 100,000 signatures by June 2026 to move forward. Although the proposal aims to ensure compliance with financial governance standards, the SNB remains cautious due to Bitcoin's volatility and potential links to illegal activities.
- Content Editor ( cryptonewsz.com )
- 2025-01-04
Bitcoin Reserve in Switzerland Soon? Here's What Citizens Think