#Switzerland Could Allow Central Bank to Hold Bitcoin#
Hot Topic Overview
Overview
Switzerland is currently working on a proposal that would require the Swiss National Bank to hold Bitcoin. Supporters of the proposal have 18 months to collect 100,000 signatures to trigger a nationwide referendum. If the proposal is successful, the Swiss National Bank would become the first central bank in the world to hold Bitcoin. The proposal needs to collect 100,000 signatures from Switzerland's 8.92 million residents by June 30, 2026, to take effect.
Ace Hot Topic Analysis
Analysis
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 push the Swiss central bank to include Bitcoin in its asset portfolio through a referendum. According to Swiss law, proposal initiators need to collect 100,000 signatures from Switzerland's 8.92 million residents by June 30, 2026, to trigger a referendum. Currently, the proposal is still in its early stages, and it remains unclear whether it will garner enough signature support. If the proposal ultimately passes, it would mean 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.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The proposal for the Swiss National Bank to hold Bitcoin is underway, requiring 100,000 signatures to be collected by June 30, 2026, to trigger a referendum.
Proponents of the proposal have 18 months to gather signatures.
If the proposal passes, the Swiss National Bank will be allowed to hold Bitcoin.
The proposal has sparked debate about whether the Swiss National Bank should hold cryptocurrencies.