In a significant decision, Swiss lawmakers have voted to enshrine the right to cash in the nation’s constitution. This landmark move aims to secure the use of physical currency amid the growing trend toward digital payments and cashless transactions. By formalizing this right, the Swiss government seeks to ensure that citizens retain the ability to conduct transactions using cash, which is viewed as essential for personal freedom and privacy. The initiative reflects a commitment to maintaining a balanced financial system that accommodates all preferences, including those who favor traditional cash methods. This constitutional amendment is a response to concerns that a shift towards a cashless society could marginalize certain groups, particularly the elderly and those without access to modern banking services. The decision underscores Switzerland’s dedication to financial inclusivity and the protection of individual rights in the evolving economic landscape.
In a significant decision, Swiss lawmakers have voted to enshrine the right to cash in the nation’s constitution
