Swiss chancellery approves proposal to include Bitcoin in national reserves

Assad Jafri

Switzerland’s Federal Chancellery has approved the formal submission of the “Bitcoin Initiative,” a proposed constitutional amendment that would require the Swiss National Bank to hold part of its reserves in Bitcoin (BTC). The measure now moves closer to a nationwide referendum and comes amid growing interest in sovereign adoption of the flagship asset. The initiative, […]

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Swiss chancellery approves proposal to include Bitcoin in national reserves