Momentum is building globally for Bitcoin reserves, with support from policymakers in countries like Poland, Switzerland, South Africa, Hong Kong, Japan, and Venezuela. While some leaders advocate for adoption, skepticism remains, particularly in Japan where Prime Minister Shigeru Ishiba has rejected the idea due to a lack of understanding. In Switzerland, a proposal is underway to mandate the Swiss National Bank to hold Bitcoin, while South Africa’s uMkhonto weSizwe Party calls for a strategic reserve to aid economic revitalization.
about Global Momentum Grows for Bitcoin Reserves Amid Diverse Political PerspectivesYves Bennaïm
0 posts last weekSwitzerland Proposes Adding Bitcoin to National Reserves Alongside Gold
Switzerland is considering a proposal to add Bitcoin to its national reserves alongside gold, backed by ten crypto advocates. The initiative, requiring 100,000 signatures within 18 months, aims to amend the Swiss Constitution to allow the Swiss National Bank to hold Bitcoin. Despite the push, concerns over Bitcoin’s volatility and energy use persist among financial authorities.
about Switzerland Proposes Adding Bitcoin to National Reserves Alongside Gold