Switzerland Launches National Bitcoin Reserve Plan

Switzerland has just officially launched discussions to establish a national Bitcoin reserve, a step that continues the country's tradition of holding gold. The proposal was published by the Swiss Federal Office and calls for the Swiss National Bank (SNB) to add Bitcoin to its national reserve portfolio alongside gold, worth about $27 billion.

Switzerland is famous for its system of direct democracy, where citizens can actively participate in political decisions through referendums. This effort not only strengthens Switzerland's position in the cryptocurrency sector, but also promotes a global trend of countries considering Bitcoin as a strategic reserve asset.

The Swiss effort reflects a growing trend in many other countries, such as the US, where the creation of a federal Bitcoin reserve is being discussed. Senator Cynthia Lummis even proposed a plan to accumulate 1 million Bitcoin to enhance national financial stability. Russia and Japan are also considering similar plans.