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Christian Encila

Swiss Bitcoin Reserve Initiative Pulled After Missing 100,000-Signature Threshold

A Swiss campaign to require the Swiss National Bank to add Bitcoin to its reserves was withdrawn after it failed to reach the 100,000 signatures needed for a constitutional referendum. The organizers said Switzerland's direct-democracy rules allow 18 months to meet the threshold, and they signaled they may try again. The debate unfolded as Bitcoin is down roughly 7% year to date after a $126k all-time high in October 2025.
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