Switzerland Pushes for Bitcoin in SNB Reserves, Aiming for Financial Innovation and Leadership in the Digital Asset Space by 2026

Swiss Bitcoin enthusiasts are working hard to push for the Swiss National Bank (SNB) to hold Bitcoin on its balance sheet.

A group of Swiss Bitcoin enthusiasts is pushing for the Swiss National Bank (SNB) to hold BTC in its balance sheet, with the federal chancellery launching a proposal to this effect on 31 December.

If the proposal manages to gather 100,000 signatures from Swiss residents by 30 June 2026, it will be taken up by the Swiss Federal Assembly and then put to a public vote for Swiss citizens to decide its result.

The proposal will see to it that the people of Switzerland have the last word on the matter.

Switzerland has already been dabbling in the world of cryptocurrency for some time now. Starting in 2016, the canton of Zug, which has come to be known as Crypto Valley, offered citizens the option of paying taxes with Bitcoin.

However, this forward-thinking has laid the groundwork for a healthy ecosystem of blockchain and cryptocurrency companies in the nation.

Many see the proposal as a way for Switzerland to establish itself as a global hub of financial innovation via BTC in its SNB reserves.

Adopting Bitcoin would place the country in a strong leadership position in the digital asset space, proponents say.

But the road to success may not be easy. Earlier efforts to get Bitcoin into the reserves have been soundly rejected.

For instance, in 2021, the 2B4CH think tank’s proposal for Bitcoin as reserves in the national purse was shot down.

That said, the Swiss people are hopeful that the new initiative will be successful.

Global trends seem to be pushing for the adoption of Bitcoin.

Franklin Templeton’s digital assets report for 2025 predicted that more nations will be integrating Bitcoin into their currency’s reserves.

Even the Swiss referendum may be affected by this growing interest in BTC.

As others watch the signatures roll in, tomorrow could see Switzerland leading the way in integrating Bitcoin into national financial systems.