Swiss Start Consultation on Constitutional Protection for Cash

A customer collects Swiss franc banknotes from an automated teller machine in Zurich, Switzerland.

Photographer: Michele Limina/Bloomberg

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The Swiss government started a consultation on a proposal to enshrine the availability of cash in the constitution.

The move is a response to a “Cash is freedom” initiative submitted to the government earlier this year. Campaigners want to put the issue to a national vote under Switzerland’s direct democracy system.