In a recent news from Reuters, an initiative has been announced requiring the Swiss National Bank (SNB) to hold bitcoin in its reserves. Announced by the Swiss Federal Office on December 31, 2024, this proposal suggests changing the law for the Swiss Central Bank to hold a portion of its reserves in gold and bitcoin.
This initiative was put forward by a group of 10 people, including several crypto advocates in Switzerland. This group now has 18 months to gather the necessary 100,000 signatures, after which the proposal will be put to a referendum.
Previously, the SNB expressed skepticism about bitcoin. The central bank's president stated last month that he is cautious about cryptocurrencies like bitcoin and ether. Switzerland regularly holds referendums on legislative initiatives to change federal laws.
This move represents a significant turning point in the approach of traditional financial institutions towards the world of coins and altcoins. It also highlights the growing interest of nations in legalizing and standardizing the use of altcoins as part of the economic system.
The latest information and analysis on the global economic situation can be followed through the Reuters Econ World newsletter.
(Source: Reuters)
