- Swiss legislator Samuel Kullmann advocates for a referendum to include Bitcoin in the Swiss Constitution, gathering 100,000 signatures.
- Bern’s parliament approved a study to explore Bitcoin mining’s potential for stabilizing the local energy grid using surplus energy.
Swiss legislator Samuel Kullmann has taken a major step toward incorporating Bitcoin into Switzerland’s legal framework, asking that it be included in the Swiss Constitution. To further the idea, his initiative seeks a referendum requiring the gathering of 100,000 signatures within eighteen months.
Should this approach be successful, it would set off a parliamentary debate on the topic, therefore confirming Bitcoin’s place in the national basic legal framework. Now the Swiss federal government is in the pivotal stage of review for the proposal.
I’m very excited about what is happening in Switzerland. I was able to speak in Switzerland in 2024 on a panel alongside @samuelkullmann who is a Swiss lawmaker doing incredible things to advance Bitcoin in the country.
He informed me that he was pursuing an effort to add… pic.twitter.com/NZF7SEM3ZC
— Dennis Porter (@Dennis_Porter_) January 1, 2025
Exploring Bitcoin Mining’s Role in Energy and Cultural Innovation
Parallel with his constitutional campaign, Kullmann has led initiatives to investigate Bitcoin’s contribution to energy innovation. With a resounding 85 to 46 vote, the parliament of the Canton of Bern recently passed his move to investigate how Bitcoin mining will affect the local electricity grid.
The project seeks to evaluate how Bitcoin mining could use surplus energy to improve grid stability, therefore transforming possible excess energy into a useful resource despite early government opposition.
Long recognized for its progressive stance on cryptocurrency, Switzerland’s global standing as a blockchain innovator hub may be enhanced by Kullmann’s projects. As the Swiss public and legislators both debate its long-term consequences, the integration of Bitcoin into national and regional systems indicates not only a technology but also a cultural change.
Beyond its speculative character, this movement aims to present Bitcoin as a solution for both infrastructure efficiency and financial inclusion.
Globally, the discussion surrounding Bitcoin’s role in national reserves is gaining momentum. According to CNF, the United States is spearheading initiatives in this area; countries like Germany and Hong Kong are contemplating like routes.
Japan’s Prime Minister has recently noted Bitcoin’s possible utility as a hedge during inflationary times but voiced worries about its price volatility, therefore complicating its use as a foreign exchange treasury asset.
