#Switzerland Could Allow Central Bank to Hold Bitcoin#

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Switzerland is currently working on a proposal that would require the Swiss National Bank to hold Bitcoin. The proposal was initiated by Bitcoin users, who 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, which would have a significant impact on the global cryptocurrency market.

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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. The proposal requires 100,000 signatures from Switzerland's 8.92 million residents by June 30, 2026, to trigger a nationwide vote. 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, the proposal is still in its early stages, and it is unclear whether it will garner enough support.

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A proposal for the Swiss National Bank to hold Bitcoin is underway, requiring 100,000 signatures by June 30, 2026, to trigger a national referendum.

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If successful, Switzerland would become the first country in the world to allow its central bank to hold Bitcoin.

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Proponents of the proposal argue that Bitcoin could serve as part of the Swiss National Bank's reserve assets, helping Switzerland maintain its competitiveness as a global financial center.

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Opponents of the proposal argue that Bitcoin is a high-risk asset and is not suitable as a central bank reserve asset. They worry that if the Swiss National Bank holds Bitcoin, it could threaten the stability of the Swiss financial system.

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