---
title: Swiss central bank faces call to hold bitcoin in reserves
description: "Swiss citizens are advancing a new initiative to integrate Bitcoin into the financial reserves of the Swiss National Bank (SNB). This proposal has entered the official signature collection phase, aiming to secure 100,000 signatures within 18 months. If successful, the initiative will proceed to a national referendum to amend the Swiss federal constitution. The Swiss citizens initiative is an attempt to include Bitcoin in Article 99 (Clause 3) of the Swiss constitution which presently requires some amount of the country to be stored in gold. Bitcoin enthusiasts have suggested that Bitcoin should be considered as an instrument similar to gold. However, the initiative encounters numerous challenges even though the interest has been escalating. Switzerland being a neutral country does not often make changes to its constitution and the process is quite long and complicated. The proposal has to be supported and getting 100,000 verified signatures within the time limit is rather a challenging feat.\nsource : coingape"
---

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# [Swiss central bank faces call to hold bitcoin in reserves](https://blog.syzgroup.com/syz-the-moment/swiss-central-bank-faces-call-to-hold-bitcoin-in-reserves)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jan 1, 2025, 4:43:14 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/swiss-central-bank-faces-call-to-hold-bitcoin-in-reserves)

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