Altcoins Talks - Cryptocurrency Forum
Further Discussions => Legality & Taxation of Cryptos => Topic started by: mskumar on May 18, 2018, 09:43:41 AM
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Reuters reported Switzerland is formally considering the possibility of a state-backed cryptocurrency. Its government has asked legislators commission a study on the pros and cons of a Swiss “e-franc.”
Switzerland Considers State Backed E-Franc
Switzerland’s Federal Council explained why it was asking for a formal study of state backed cryptocurrency. “The Federal Council is aware of the major challenges, both legal and monetary, which would be accompanied by the use of an e-franc. It asks that the proposal be adopted to examine the risks and opportunities of an e-franc and to clarify the legal, economic and financial aspects of the e-franc.”
SOURCE:https://news.bitcoin.com/switzerland-formally-considers-state-backed-cryptocurrency/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications (https://news.bitcoin.com/switzerland-formally-considers-state-backed-cryptocurrency/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications)
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Really?
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In what comes to money Switzerland is always on the front line... ;D
crypto-valley at Zug is not a coincidence