Switzerland Formally Considers State Backed Cryptocurrency

[mskumar]

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

[bugga]

Really?

[dentolas]

In what comes to money Switzerland is always on the front line...
crypto-valley at Zug is not a coincidence