Proposal mandating the Swiss National Bank to hold Bitcoin now underway - WorldNL Magazine

Swiss Lawmaker Wants Bitcoin In Constitution, Seeks 100k Signatures

A bold move to enshrine Bitcoin in Switzerland’s constitution is underway. The ambitious plan requires gathering 100,000 signatures to force a vote on Bitcoin adoption. Giw Zanganeh, Tether VP, is among the crypto advocates backing the proposal. Swiss legislator, Samuel Kullmann, has put forth an ambitious proposal to enshrine Bitcoin within the country’s constitution. This groundbreaking plan entails collecting 100,000 signatures within the …

Swiss Referendum: The Fight to Make Bitcoin a National Reserve Asset

In a move that could redefine Switzerland’s financial landscape, Swiss lawmaker Samuel Kullmann is spearheading an initiative to incorporate Bitcoin into the nation’s constitution through a referendum vote. This contentious proposal aims to mandate that the Swiss National Bank hold 5% of its enormous monetary reserves in cryptocurrency, believing it would offer an opportunity for Switzerland to become a global leader in the burgeoning digital cu…

Swiss Legislator Pushes for Strategic Bitcoin Reserve Adoption in Switzerland

Switzerland could become the latest country to consider adopting a strategic Bitcoin reserve as a pro-crypto legislator kicks off a campaign for the course. As several countries globally have started schemes to adopt Bitcoin as a strategic reserve asset, the Swiss do not plan to be left out. In a recent development, pro-Bitcoin legislator Samuel Kullmann has fronted a campaign that could kickstart the adoption process in Switzerland. Kullmann in…

Swiss lawmaker pushes for Bitcoin in national reserve, faces skepticism ahead of referendum

Samuel Kullmann, a member of Switzerland’s parliament, is pushing for a constitutional referendum to include Bitcoin in the central bank’s financial reserve. The campaign needs 100,000 signatures before it can be tabled for a referendum. The legislator has strategically pushed the Bitcoin agenda in the legislative house and on any podium with an audience. His campaign is already bearing fruit, as Swiss crypto advocates have forwarded a proposal …

Push to Include Bitcoin in Swiss National Bank's Reserves Gains Momentum

On the last day of December, the Swiss Federal Chancellery began processing a significant proposal that, if successful, could integrate Bitcoin into the Swiss National Bank‘s (SNB) strategic reserves. This initiative requires gathering 100,000 signatures to bring the issue before the public in a referendum. Tether’s Vice President of Energy and Mining, Giw Zanganeh, along with Yves Bennaïm, the founder of the Swiss Bitcoin-focused nonprofit thin…