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Will Switzerland hold a referendum on the Bitcoin constitutional amendment by the end of 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from the Swiss Federal Gazette or Swiss government
Story
Switzerland Advances Proposal to Include Bitcoin in Constitution and National Reserves, Requiring 100,000 Signatures in 18 Months
Dec 31, 2024, 08:45 PM
Switzerland is advancing a proposal to include Bitcoin in its constitution, a move that could see the cryptocurrency recognized as part of the Swiss National Bank's (SNB) reserves. The initiative has been published in the Federal Gazette, allowing supporters to gather signatures for a referendum. To proceed, the proposal requires 100,000 signatures within 18 months. The initiative aims not only to amend the constitution but also to urge the SNB to begin accumulating Bitcoin as a strategic reserve asset. This proposal reflects a growing interest in integrating Bitcoin into national financial frameworks, positioning it alongside traditional assets like gold.
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