A campaign pushing the Swiss National Bank to hold Bitcoin in its reserves is expected to lapse after supporters failed to gather the 100,000 signatures required for a national referendum. According to Reuters, crypto advocates collected only around half the needed signatures. The Swiss National Bank has repeatedly opposed the proposal, arguing that cryptocurrencies remain too volatile and lack sufficient liquidity to meet the standards required for national reserve assets.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The US Securities and Exchange Commission (SEC) has called for an agency meeting this month…
The TAC (TON Application Chain) Protocol has just suffered a crash of more than 90%…
The Zcash (ZEC) price is back in the spotlight after posting a double-digit gain over…
SEC Commissioner Hester Peirce, the chair of the agency's crypto task force, has outlined her…
Bitcoin was sitting under pressure around $61,200 when it suddenly reversed and shot all the…
Pi Network has always promoted itself as one of the world's most accessible cryptocurrencies, allowing…
