Swiss National Bank Bitcoin Reserve Push Fails as Campaign Falls Short
Cointelegraph
A campaign to force the Swiss National Bank to adopt Bitcoin as a reserve asset has failed due to insufficient public signatures.Summary
A grassroots initiative aimed at requiring the Swiss National Bank to include Bitcoin in its official foreign currency reserves is set to expire after gathering only half of the 100,000 required signatures for a referendum. The Swiss National Bank has consistently opposed the proposal, citing concerns over Bitcoin's volatility and liquidity. Although the effort fell short, organizer Yves Bennaim noted that the campaign successfully stimulated public discourse regarding Bitcoin's integration into global financial systems and the diversification of national reserves.
(Source：Cointelegraph)