#Switzerland Could Allow Central Bank to Hold Bitcoin#

Switzerland is currently considering a proposal that would require the Swiss National Bank to hold Bitcoin. The proposal needs to gather 100,000 signatures from Switzerland's 8.92 million residents by June 30, 2026, to trigger a nationwide referendum. If successful, Switzerland would become the first country in the world to allow its central bank to hold Bitcoin. The proposal has sparked widespread debate, with supporters arguing that it would position Switzerland as a leader in the cryptocurrency space and bring new economic opportunities to the country. However, opponents are concerned that it would increase financial risks and potentially harm Switzerland's financial stability. The ultimate outcome of the proposal remains uncertain, but its progress will have significant implications for Switzerland and the global cryptocurrency market.