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Swiss Put Cash Into Constitution to Guard Against Its Demise
Swiss voters approved a constitutional amendment mandating the Swiss National Bank to guarantee cash availability, with 73% supporting the government proposal over the citizens' initiative.
- On March 8, 2026, Swiss citizens approved a government proposal by 73%, enshrining cash and the Swiss Franc in the constitution and mandating the Swiss National Bank to guarantee cash availability.
- The referendum posed two cash questions, with Swiss voters rejecting the 'Cash is freedom' initiative but passing the parliamentary counterproposal, according to Richard Koller.
- Experts and activists pointed to cash's role as a safe haven supporting church collections and the informal economy, while Brett Scott emphasized elderly people and people with disabilities depend on it.
- The government said the change entails no new duties or costs, as the official information booklet noted it would not affect everyday life, while critics called the clause largely symbolic amid declining everyday cash usage.
- Journalists probed the initiative's ties to conspiracy-minded circles, while Swissinfo's questions to the initiative committee went unanswered; observers said it is unclear if criticism reduced support, and sociologist Oliver Nachtwey said Swiss democracy aids de-radicalisation.
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14 Articles
14 Articles
Switzerland will introduce the right to use Swiss franc banknotes and coins into its Constitution, after voters in yesterday's referendum supported a measure aimed at protecting the use of cash in society.
·Belgrade, Serbia
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A majority of Swiss people voted on Sunday that the use of cash should be enshrined in the Constitution. ... The post majority of Swiss votes against cash initiative – but for cash in the Constitution appeared first on Apollo News.
A referendum had been held on the issue.
Coverage Details
Total News Sources14
Leaning Left5Leaning Right4Center0Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
R 44%
Factuality
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