Switzerland proposes adding Bitcoin to national reserves through a constitutional amendment.
The initiative requires 100,000 handwritten signatures by June 30 for review.
Bitcoin’s inclusion aims to strengthen reserves alongside gold and diversify financial strategy.
A new initiative seeks to add Bitcoin to the reserves of the Swiss National Bank. This proposal, now published in the Federal Gazette, marks the start of the signature collection phase. Supporters aim to amend the federal constitution to include Bitcoin alongside gold, bringing modern innovation to national monetary policy.
https://twitter.com/BitcoinMagazine/status/1874075206853214691 Switzerland’s Push for Bitcoin Reserves
The initiative requires 100,000 handwritten signatures from Swiss citizens by June 30. Once collected, the Swiss Federal Assembly will review the proposal. Advocates aim to revise Article 99, which currently mandates gold reserves, to also include Bitcoin—BTC. A minor wording change in the constitution could bring a major financial shift.
The Swiss National Bank already holds a diversified reserve portfolio. This includes various fiat currencies and approximately 1,040 tons of gold. Bitcoin supporters argue that digital gold offers similar benefits. Bitcoin’s fixed supply and decentralized design could strengthen financial resilience during economic uncertainty.
This proposal is not Switzerland’s first attempt to link cryptocurrency to national policy. A similar initiative in 2021, led by the think tank 2B4CH, failed to gain traction. However, as the United States considers creating a strategic Bitcoin reserve, Switzerland may find renewed motivation to lead in this space.
Bitcoin’s Growing Role in Global Reserves
The idea of Bitcoin as a national reserve asset is gaining support worldwide. Christian Lindner, Germany’s former finance minister, recently suggested adding Bitcoin to German and European Central Bank reserves. Such proposals highlight a growing belief in Bitcoin’s potential to reshape financial systems.
Switzerland has long embraced cryptocurrency innovation. Zug, known as Crypto Valley, began accepting Bitcoin payments in 2016. By including Bitcoin in the Swiss National Bank’s reserves, Switzerland could cement its role as a global leader in crypto adoption.
The Swiss National Bank may embrace Bitcoin, signaling a historic moment for financial evolution. This decision could inspire other nations to follow suit, setting a new standard for reserve strategies.
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