March 6, 2025|
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|9 months agoCash Payment Rights to be Enshrined in Swiss Constitution
Switzerland moves to protect citizens' right to use cash payments, making it the first country to constitutionally guarantee this payment method amid growing digitalization concerns.
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Generated IllustrationKey Takeaways
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- Switzerland becomes first country to constitutionally guarantee cash payment rights
- The National Council voted to include cash supply protection in the Constitution
- The initiative originated from Swiss Movement for Freedom group
- The constitutional amendment guarantees supply of paper money and coins
By The Numbers
100%
Constitutional protection for cash payments
They Said
"The supply of paper money and coins must be guaranteed, and the franc will remain Switzerland's official currency"
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Historic Constitutional Amendment
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Initiative Background and Motivation
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Constitutional Implications
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