Cash initiative and counter-proposal
On 8 March 2026, Switzerland voted on the popular initiative ‘Yes to an independent and free Swiss currency with coins or banknotes (Cash is freedom)’ and the direct counter-proposal (Federal decree on Swiss currency and cash supply).
Nota bene
The People vote on the initiative and the counter-proposal at the same time.The People may vote in favour of both proposals. In response to the third question, they may indicate the proposal that they prefer if both are accepted.
If in response to the third question one proposal to amend the Constitution receives more votes from the People and the other more votes from the Cantons, the proposal that comes into force is that which achieves the higher sum if the percentage of votes of the People and the percentage of votes of the Cantons in the third question are added together
