#Switzerland Could Allow Central Bank to Hold Bitcoin#
Hot Topic Overview
Overview
A proposal has recently emerged in Switzerland calling for the Swiss National Bank to hold Bitcoin. This proposal is currently underway, with supporters having 18 months to gather 100,000 signatures to trigger a nationwide referendum. If successful, Switzerland would become the first country in the world to allow its central bank to hold Bitcoin. According to Swiss law, the proposal needs to collect 100,000 signatures from Switzerland's 8.92 million residents by June 30, 2026, to trigger a referendum.
Ace Hot Topic Analysis
Analysis
A proposal requiring the Swiss National Bank to hold Bitcoin has emerged in Switzerland and is currently underway. Supporters have 18 months to gather 100,000 signatures to trigger a nationwide referendum. If successful, the proposal would allow the Swiss central bank to hold Bitcoin, setting a precedent for central banks globally. Currently, the proposal needs to collect 100,000 signatures from Switzerland's 8.92 million residents by June 30, 2026, to trigger a referendum. The proposal reflects Switzerland's open attitude towards cryptocurrencies and has sparked discussions about the security, risks, and feasibility of central banks holding Bitcoin.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
A proposal for the Swiss National Bank to hold Bitcoin is underway, requiring 100,000 signatures to trigger a national referendum.
Supporters have 18 months to collect signatures.
If the proposal is successful, the Swiss National Bank will be allowed to hold Bitcoin.
This proposal could have a significant impact on Switzerland's financial system and the Bitcoin market.