in SwitzerlandAfter digital currency opponents collect enough signatures governmentto constitutionally secure cash to a referendumwill go.
Bitcoin and the rising altcoins have increased the popularity of cryptocurrencies. The definition of digital money, which has become widespread globally with cryptocurrencies, has also influenced traditional finance. A group in Switzerland, approx. Collecting 150 thousand signaturesdemanded the protection of cash against digital currency.
More than 100,000 signaturesAs a result of the meeting, the Swiss government decided to hold a referendum on the constitutional guarantee of cash.
Switzerland to Go to Referendum
Swiss Freedom Movement The signature campaign launched by a group called This campaign demanded the protection of the country’s official currency in the growing popularity of digital currencies. The campaign turned into a referendum with the signature of nearly 150,000 people.
Swiss government, digital money of opponents He took into account the collection of more than 100 thousand signatures and gave the signal that a referendum would be held. Citizens in Switzerland have a rather conservative attitude towards their currency. The Federal Council said it is aware of the importance of cash for the economy and society.
Per person most cashholding country in Switzerland There will be a popular vote on the constitutional guarantee of cash. According to the possible outcome of the referendum, the availability of cash will be protected in the constitution in the increasing use of digital currencies.
Switzerland government , said that he understands the anxiety of digital currency opponents about cash. In addition, the government stated that it is ready to take this demand for the Swiss franc to the constitutional level.
