A proposal is currently being considered that would require the Swiss National Bank to hold Bitcoin. This proposal is currently in the works and has not been finalized yet. The Swiss National Bank is the central bank of Switzerland and plays a key role in the country’s monetary policy.
If this proposal were to be approved, it would mean that the Swiss National Bank would need to acquire and hold Bitcoin as part of its reserves. This move could have significant implications for the cryptocurrency market, as it would mark a major institutional adoption of Bitcoin.
It is important to note that this proposal is still in the early stages and has not been officially implemented. The Swiss National Bank has not yet made any public statements regarding their stance on holding Bitcoin. However, the fact that this proposal is being considered shows a growing interest in Bitcoin and cryptocurrencies from traditional financial institutions.
Overall, the potential mandate for the Swiss National Bank to hold Bitcoin is a significant development in the world of cryptocurrency and could have far-reaching effects on the market. It will be interesting to see how this proposal progresses and whether it will ultimately be approved.