Switzerland is preparing to adopt Bitcoin $104,555 reserves due to the increased acceptance of cryptocurrencies influenced by Donald Trump’s progressive policies. Proponents of cryptocurrency suggest adding Bitcoin to the list of reserve assets alongside the dollar, euro, and gold. This initiative is expected to grant Bitcoin legal recognition in the European country.
Collecting Signatures for a National Vote
According to the latest reports, campaign supporters have started gathering 100,000 signatures to initiate a national vote on Bitcoin acceptance. This move could pressure the Swiss National Bank (SNB ($0.00)) to reconsider its negative stance towards Bitcoin.
The Swiss Federal Chancellor launched the Bitcoin reserve proposal on December 31, 2024, following a failed attempt in October 2021. This proposal gained more attention after Donald Trump, who uses the title “
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