The initiative sought to amend Switzerland’s constitution, requiring the Swiss National Bank (SNB) to hold BTC alongside gold and foreign-currency reserves.

  • Swiss campaigners are dropping a bid for the SNB to hold bitcoin reserves after collecting about half of the 100,000 signatures needed for a national referendum.

  • The initiative sought to amend Switzerland’s constitution, requiring the Swiss National Bank (SNB) to hold BTC alongside gold and foreign-currency reserves.


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