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Swiss Bitcoin enthusiasts are once again trying to persuade the country to accept Bitcoin in its central bank reserves

Swiss Bitcoin enthusiasts are once again trying to persuade the country to accept Bitcoin in its central bank reserves

Bitget2024/04/22 05:48
BTC-1.45%

PANews reported on April 22 that, according to Cointelegraph, Bitcoin enthusiasts in Switzerland are actively planning a national referendum aimed at incorporating Bitcoin into the reserves of the Swiss National Bank. This action is led by the non-profit think tank 2B4CH, whose founder and chairman Yves Bennaïm stated that this move will enhance Switzerland's sovereignty and neutrality in an uncertain global environment. Bennaïm revealed that they are currently busy completing organizational preparations and submitting necessary documents to the State Secretariat to initiate the voting process. However, challenges abound; they need to obtain more than 100,000 signatures from Swiss citizens within the next 18 months in order to successfully hold a national vote. Last year, 2B4CH attempted similar actions but failed to reach the signature threshold. With a population of about 8.77 million in Switzerland, this means they need to win approximately 1.15% of national support.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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