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

Crypto advocates who launched a campaign last year to make the Swiss National Bank (SNB) to adopt Bitcoin (BTC) as a reserve asset are about to withdraw from their initiative. It follows their failure to secure the required number of votes under the...

BitcoinWorld Swiss Bitcoin Reserve Campaign Fails to Reach Referendum Threshold A campaign to compel the Swiss National Bank (SNB) to include Bitcoin in its official reserves has effectively ended after failing to gather enough signatures for a...

In comments Friday, SNB President Martin Schlegel said holding bitcoin raises liquidity and volatility risks for Switzerland.

The Swiss National Bank rejected growing calls to adopt Bitcoin (BTC) as part of its foreign currency reserves, saying cryptocurrencies fail to meet its requirements for liquidity and stability. Speaking at the central bank’s annual shareholder...

A coalition of crypto advocates in Switzerland is campaigning for the Swiss National Bank (SNB) to diversify its foreign reserves by acquiring Bitcoin (BTC), citing concerns about overreliance on traditional currencies and political exposure....

At a recent event, SNB Chairman Thomas Jordan outlined the exploration of tokenizing financial assets and alternatives to their current wholesale CBDC, showcasing Project Helvetia IIIs initiatives. The post Swiss National Bank Prefers Tokenized...

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...

Swiss National Bank (SNB) Chairman Thomas Jordan said the central bank “sees no need” to issue a central bank digital currency (CBDC) for public use despite the benefits of a wholesale version. Jordan argued that the current financial market offers...

Progress in CBDC testing Swiss National Bank (SNB) Governor Thomas Jordan today announced the launch of a wholesale Central Bank Digital Currency (CBDC) as part of an experiment. He said that this is not just an experiment, and that CBDC will be...