🇨🇭🏦 Swiss #Bitcoin Reserve Campaign to Lapse After Failing to Secure Enough Signatures


Reuters reported that Swiss #cryptocurrency advocates will drop a campaign to require the Swiss National Bank to hold #Bitcoin in its reserves. They secured only about half of the 100,000 signatures needed to trigger a referendum. The SNB rejected the idea, stating that #cryptocurrencies are too volatile and insufficiently #liquid to meet its reserve requirements. #cryptofactske
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