Cash 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.

Key Takeaways

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"
— National Council Decision

Historic Constitutional Amendment

Initiative Background and Motivation

Constitutional Implications

International Context and Impact

Sources & References

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Key Takeaways

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"
— National Council Decision

Key Takeaways

By The Numbers

They Said

Historic Constitutional Amendment

Initiative Background and Motivation

Constitutional Implications

International Context and Impact

Sources & References

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