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Swiss Campaign for Bitcoin Reserves Fails to Gather Signatures

Swiss Campaign for Bitcoin Reserves Fails to Gather Signatures

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by Andrew Smith

2 months ago


A recent campaign aimed at integrating Bitcoin into the Swiss National Bank's reserves has fallen short of its signature goal, highlighting ongoing debates about digital assets in central banking across Europe. The source notes that this setback reflects the challenges faced by proponents of cryptocurrency in gaining acceptance within traditional financial institutions.

Инициатива по включению Bitcoin в резервы Швейцарского национального банка

Led by Yves Bennaim, the initiative sought to require the Swiss National Bank to hold Bitcoin alongside traditional reserves like gold and foreign currencies. However, the campaign failed to collect the necessary 100,000 signatures within the 18-month timeframe, which concluded in May 2026.

Аргументы сторонников и последствия неудачи

Proponents of the campaign argued that incorporating Bitcoin would help Switzerland reduce its reliance on the US dollar and euro, potentially enhancing the country's financial sovereignty. Despite these arguments, the inability to secure sufficient support underscores a significant divide in Europe regarding the role of cryptocurrencies in central bank reserve strategies.

The recent setback in the Swiss National Bank's Bitcoin reserve initiative contrasts sharply with the positive developments in the cryptocurrency market, such as the launch of Dogecoin ETFs on Xetra. For more details, see Dogecoin ETFs.

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