Swiss Government Wants to Enshrine Cash in the Constitution

A customer pays a trader at a market in Zurich.

Photographer: Gianluca Colla/Bloomberg

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The Swiss government wants to enshrine the availability of cash in the constitution and will let citizens decide in a national vote.

After campaigners collected enough signatures to trigger a plebiscite that would preemptively counter the spread of digital money, the government in Bern on Wednesday announced in a statement Bloomberg Terminalthat it will draw up its own plan.