A proposal has been initiated to mandate the Swiss National Bank (SNB) to hold Bitcoin on its balance sheet. The Swiss Bitcoin advocates must gather 100,000 signatures by June 30, 2026, to trigger a public referendum. The proposal, led by Yves Bennaïm and the nonprofit think tank 2B4CH, aims to amend Article 99 of the Swiss Federal Constitution to include Bitcoin among the National Bank's reserves, alongside gold. Initially submitted on December 5 and registered in the Federal Gazette on December 31, the initiative reflects a shift in sentiment towards Bitcoin as a strategic asset. With a population of approximately 8.92 million, this represents about 1.12% of the populace needing to support the petition. Additionally, Bitcoin adoption is increasing in regions like Lugano, where many merchants accept the cryptocurrency. As Switzerland leads in potential Bitcoin adoption at a national level, discussions about Bitcoin reserves are also occurring in other countries, including the U.S.

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