Swiss crypto campaigners abandon bid to require central bank Bitcoin holdings

8 articles · Updated · Bloomberg · May 8

The proposal failed after supporters could not gather enough signatures to force a Swiss plebiscite, campaign founder Yves Bennaim said on Thursday.
Bennaim said activists had known from the start the effort was a long shot and would now let the initiative lapse.
The collapse ends, for now, an attempt to push the Swiss National Bank into holding Bitcoin as part of its reserves.

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