A group of Bitcoin advocates in Switzerland have launched a campaign to convince the Swiss National Bank (SNB) to add Bitcoin to its balance sheet.\u00a0<\/p>\n
The nonprofit organization 2B4CH aims to hold a national referendum to amend Switzerland’s constitution to require the central bank to hold Bitcoin.<\/p>\n
BREAKING: \ud83c\udde8\ud83c\uddedBitcoiners to launch a petition for Swiss National Bank to buy #Bitcoin<\/a><\/p>\n Gradually, then suddenly \ud83d\ude4c pic.twitter.com\/8AkF8YrP86<\/a><\/p>\n \u2014 Bitcoin Magazine (@BitcoinMagazine) April 22, 2024<\/a><\/p>\n According to 2B4CH founder and chairman\u00a0Yves Benna\u00efm<\/a>, this move would help Switzerland maintain its political neutrality and sovereignty in an uncertain global environment.\u00a0<\/p>\n “We are in the process of completing the organizational preparations for the committee and preparing the documents that must be submitted to the State Chancellery in order to start the process,” Benna\u00efm stated.<\/p>\n To achieve a referendum under Switzerland’s system of direct democracy, the advocates must collect 100,000 signatures from Swiss citizens within 18 months. With Switzerland’s population around 8.77 million, roughly 1.15% of the populace needs to sign the petition. This signature requirement posed challenges when 2B4CH attempted a similar referendum in 2021.<\/p>\n <\/a><\/p>\n