100k signatures can trigger Swiss national referendum on adding Bitcoin to country reserves

100k signatures can trigger Swiss national referendum on adding Bitcoin to country reserves

Bitcoin advocates in Switzerland have initiated a campaign to trigger a National Referendum urging the Swiss National Bank (SNB) to include the flagship digital asset in its asset reserves.
The campaign is spearheaded by Yves Bennaïm, the founder and chairman of 2B4CH, a nonprofit think tank, and enjoys support from Luzius Meisser, the chairman of asset manager Bitcoin Suisse.
Bennaïm said:
“We are in the process of completing the organizational preparations for the committee and preparing the documents that must be submitted to the State Chancellery in order to start the process.”
What next?
The referendum’s launch hinges on securing 100,000 valid signatures from Swiss citizens. Subsequently, all Swiss nationals will vote on the proposed constitutional amendment.
All of these processes could take as much as five years.
Meanwhile, Meisser will champion Bitcoin at the upcoming Swiss National Bank’s general assembly.
Notably, this isn’t Meisser’s first foray into advocating

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