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Bangkok Post
Bangkok Post
Business

INSANE: Swiss may face referendum on keeping cash | Rare Historical Photos

Most of the cash in Switzerland is held in form of the largest banknote, worth 1,000 francs (37,200 baht), suggesting that physical money is used more as a store of value rather than for everyday payments. (Photo: Reuters)

Swiss citizens are likely to vote in a future referendum on whether to enshrine the availability of cash in the constitution.

The vote would follow a grassroots initiative that is seeking to pre-emptively guard against digital money.

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