Swiss voters in a referendum made their country the second in Europe to reject the idea of a central bank digital currency by enshrining a right to real physical currency into their national Constitution. This is regarded as a key issue for citizen privacy because a central bank digital currency would allow government to see everything a citizen is doing financially. Voters approved the measure in a referendum by 73.4% and it passed in all 23 of Switzerland's cantons.
The European Union has been pushing creation of a "digital euro" for some time, and globalists elsewhere, including here in the US have also been working for replacing physical cash with central bank digital currency. Privacy advocates in most countries are pushing strongly against this concept.
This referendum was strongly promoted by the populist nationalist anti-immigration Swiss Peoples Party, which is the largest party in the Swiss parliament. The next upcoming national referendum is another proposal by the Swiss Peoples Party to cap the national population at 10 million people by highly restricting migrants being allowed into the country. Polls predict that referendum will also pass by a wide margin. A lot of public policy is set by citizen referendum in Switzerland. In another recent referendum, Swiss voters overwhelmingly rejected a proposed "climate tax".
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