#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. The proposal needs to gather 100,000 signatures from Switzerland's 8.92 million residents by June 30, 2026, to trigger a referendum. If successful, 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.
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 the proposal, supporters 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 is unclear whether it will ultimately be able to gather enough signatures. If the proposal is successful, it would mean that 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
A proposal for the Swiss National Bank to hold Bitcoin is underway, requiring 100,000 signatures by June 30, 2026, to trigger a referendum.
If successful, the proposal would allow the Swiss National Bank to hold Bitcoin.
Proponents of the proposal have 18 months to collect signatures.
It is currently unclear whether the proposal will be successful.