Switzerland codifies cash as a constitutional right after nationwide vote

1 min read
Source: politico.eu
Switzerland codifies cash as a constitutional right after nationwide vote
Photo: politico.eu
TL;DR

Voters in Switzerland approved a constitutional amendment guaranteeing the right to use cash (franc banknotes and coins), with 73.4% in favor. The move, championed by the Swiss Freedom Movement, aligns Switzerland with Hungary, Slovakia and Slovenia in protecting cash as a legal right, amid a broader push toward digital payments. Cash usage in Switzerland has fallen over the years, but supporters say access to cash should be safeguarded.

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