[Swiss Push for Central Bank to Hold Bitcoin Ends Due to Insufficient Signatures] Deep Tide TechFlow reports, on May 8, according to Reuters, the Bitcoin Initiative aimed at incorporating Bitcoin into the Swiss National Bank's reserves is expected to end due to failing to secure the 100,000 signatures required to trigger a referendum. As the 18-month signature collection period nears its conclusion, only about half the required signatures have been gathered. The Swiss National Bank reiterated that the high price volatility and insufficient market liquidity of cryptocurrencies do not meet its foreign exchange reserve requirements. Bitcoin Initiative founder Yves Bennaim stated that although the initiative will lapse, related discussions have made certain progress.