Cryptocurrencies
Bitcoin Push Pits SNB’s Orthodoxy Against Swiss Crypto Crowd
- Group needs 100,000 signatures until June 2026 for plebiscite
- Central bank says crypto does not meet reserve requirements
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Switzerland is set for some self-reflection on its relationship with money, if the country’s Bitcoin evangelists get their way.
Amid intensified global interest in the cryptocurrency, after Donald Trump won the White House with promises of friendlier US regulation, advocates are pushing for a national vote to enshrine it in the Swiss constitution. They want the digital asset to sit alongside the dollar, the euro and gold in the central bank’s reserves.