A recent proposal in Switzerland aims to amend the Federal Constitution to require the Swiss National Bank (SNB) to hold Bitcoin alongside gold in its reserves. Initiated by a group of cryptocurrency advocates, the proposal needs to collect 100,000 signatures within 18 months to trigger a public referendum. The SNB has previously expressed skepticism about cryptocurrencies, with its chairman cautioning against digital currencies like Bitcoin and Ether. If successful, this initiative could position Switzerland as a pioneer in integrating digital assets into national reserves.
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