#Switzerland Could Allow Central Bank to Hold Bitcoin#
Hot Topic Overview
Overview
Switzerland is currently working on a proposal that would require the Swiss National Bank to hold Bitcoin. Supporters of the proposal need to collect 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.
Ace Hot Topic Analysis
Analysis
Switzerland is currently considering a proposal that would require the Swiss National Bank to hold Bitcoin. The proposal was initiated by Bitcoin supporters who hope to push the Swiss central bank to include Bitcoin in its asset portfolio through a referendum. According to Swiss law, the proposal needs to collect 100,000 signatures from the country's 8.92 million residents within 18 months to trigger a referendum. This means that Bitcoin supporters need to complete the signature collection process by June 30, 2026. The success of this proposal will depend on the Swiss people's attitude towards cryptocurrencies and whether they are willing to link the national central bank to Bitcoin. If the proposal is successful, Switzerland would become the first country in the world to allow its central bank to hold Bitcoin, which would have a significant impact on the global cryptocurrency market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The Swiss National Bank's proposal to hold Bitcoin is underway, requiring 100,000 signatures to be collected by June 30, 2026, to trigger a referendum.
If the proposal is successful, the Swiss National Bank will be allowed to hold Bitcoin.
Proponents of the proposal have 18 months to collect signatures.
The success of the proposal will depend on the outcome of the Swiss people's vote.