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The Swiss National Bank (SNB) has firmly rejected the idea of including Bitcoin in its reserves, citing liquidity and stability concerns. Meanwhile, Swiss crypto advocates push for a national referendum to amend the constitution and allow Bitcoin holdings.
- SNB Chairman Martin Schlegel rejects Bitcoin for reserves, citing liquidity and stability needs.
- Crypto advocates propose a 1-2% Bitcoin allocation to hedge against inflation and political risks.
- A Swiss Bitcoin Initiative aims for a referendum to amend the constitution, but faces strong SNB opposition.
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