logo
welcome
CoinGape

CoinGape

Will Switzerland Adopt Bitcoin Reserve? National Vote To Decide

CoinGape
Summary
Nutrition label

71% Informative

Switzerland proposes to adopt Bitcoin reserve, requiring the SNB to include BTC in its portfolio.

The campaigners have begun collecting 100,000 signatures, triggering a national vote on Bitcoin adoption.

This initiative tends to provide Bitcoin legal recognition in the European country.

Many believe that the decentralized crypto asset could make the country’s financial ecosystem independent.

VR Score

58

Informative language

50

Neutral language

36

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links