#Switzerland Could Allow Central Bank to Hold Bitcoin#
Hot Topic Overview
Overview
Switzerland is currently pursuing a proposal that would require the Swiss National Bank to hold Bitcoin. This proposal needs to gather 100,000 signatures from Switzerland's 8.92 million residents by June 30, 2026, in order to trigger a nationwide referendum. If 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. Currently, proponents of the proposal have 18 months to collect signatures, and the final outcome remains uncertain.
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 force the Swiss central bank to include Bitcoin in its asset portfolio through a referendum. According to Swiss law, proposal initiators need to collect 100,000 signatures within 18 months to submit the proposal to a nationwide vote. If the proposal passes, 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 Bitcoin could serve as a new reserve asset and help Switzerland maintain its leadership in the digital asset space. However, opponents are concerned that Bitcoin's volatility could pose risks to the Swiss National Bank and potentially affect the stability of the Swiss franc. Currently, the proposal is still in the signature collection phase, and the final outcome remains uncertain.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The proposal for the Swiss National Bank to hold Bitcoin is underway, requiring 100,000 signatures to be collected by June 30, 2026, to trigger a referendum.
Proponents of the proposal have 18 months to gather signatures.
If successful, the Swiss National Bank would be allowed to hold Bitcoin.
The proposal has sparked debate about whether the Swiss National Bank should hold Bitcoin.