CryptocurrencySwiss National BankUpdated a month ago

Swiss Bitcoin Reserve Initiative Withdrawn After Signature Shortfall

The initiative led by Yves Bennaim to require the Swiss National Bank to hold Bitcoin alongside traditional reserves has been withdrawn after failing to gather enough signatures for a national referendum. This setback highlights the challenges faced by cryptocurrency advocates in Switzerland.

CryptocurrencySwiss National Bank

Updated a month ago

Swiss Bitcoin Reserve Initiative Withdrawn After Signature Shortfall

Related Articles (2)

NewsBTCa month ago

Swiss Bitcoin Reserve Effort Withdrawn After Resistance From Central Bank

NegativeCryptocurrency

The initiative led by Yves Bennaim to require the Swiss National Bank to hold Bitcoin alongside traditional reserves has been withdrawn after failing to gather enough signatures for a national referendum. The campaign did not meet the 18-month signature threshold necessary for such initiatives in Switzerland.

Read full article

via NewsBTC

CoinDeska month ago

Swiss central bank bitcoin reserve push fails over signature shortfall

NegativeCryptocurrency

The initiative to amend Switzerland's constitution to require the Swiss National Bank (SNB) to hold Bitcoin alongside gold and foreign currency reserves has failed due to insufficient signatures. This setback marks a significant moment for proponents of cryptocurrency integration in the Swiss financial system.

Read full article

via CoinDesk