Swiss Bitcoin reserve campaign set to lapse after failing to gather signatures

A campaign aimed at mandating the Swiss National Bank (SNB) to incorporate Bitcoin into its reserves has concluded unsuccessfully. Organizers of the initiative, which sought to trigger a national referendum requiring the SNB to hold Bitcoin, failed to collect the necessary number of signatures. Consequently, the proposal will not advance to a public vote, marking the end of this specific effort to drive institutional Bitcoin adoption at a national central bank level in Switzerland.