Swiss Advocates Push for Bitcoin in National Reserves

A Swiss group advocates for the inclusion of Bitcoin in the national reserves, aiming for a referendum to amend the constitution.
Swiss Advocates Push for Bitcoin in National Reserves
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Key Takeaways

  • 2B4CH pushes for Bitcoin in Swiss National Bank reserves via referendum.
  • Inclusion of Bitcoin aims to enhance Switzerland's political neutrality.
  • 100,000 signatures needed to trigger a national referendum.

A group in Switzerland, 2B4CH, is pushing for the Swiss National Bank (SNB) to incorporate Bitcoin into its strategic reserves.

They plan to initiate a national referendum to amend the constitution accordingly.

Strategic independence and sovereignty

Yves Bennaïm, the founder of 2B4CH, argues that adding Bitcoin would bolster Switzerland’s neutrality and sovereignty.

Luzius Meisser, from Bitcoin Suisse, echoes this, suggesting independence from the European Central Bank.

Challenges and global support

To force a referendum, 100,000 signatures are needed—a challenging feat noted from their 2021 attempt.

Despite resistance from SNB’s Chair, Thomas Jordan, the campaign has gained international support, including from German politician Joana Cotar.

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