- The franc is the national currency - The swiss national bank is responsible for the supply of cash.
This doesn't have any effect in practice, since this is straight up copy and paste from the law about currency. This change only means that a change requires a mandatory referendum rather than having to launch a referendum.
It does nothing about acceptance of cash, afaik that initiative failed to reach the neccesary support to be voted on.
This seems a way of making sure that a future with Switzerland being part of the EU requires a vote to adopt the Euro. I do not see many other situations in which Switzerland changes its central bank or currency.
The concern was about CBDC and "cashless", the original initiative comes from a conspiracy-adjecent group. They just kind of failed of doing anything major about it, the initiative was worded badly. The counter proposal was explicitly a symbolic copy paste with no real effect.
They argue that digitization will enable governments to monitor financial transactions, restrict purchases, travel, and access to healthcare, freeze accounts, and punish people for exceeding their carbon limits or for dissent.