Switzerland is planning to launch a crypto-national currency called the e-franc

Switzerland hopes to become a real reference in the sector of crypto-currencies and aims to become a hub must-see for investors. It is for this reason that the authorities are currently working on the implementation of an enabling regulation for virtual currencies.

An essential study for the future of the country

Switzerland is in favour of crypto-currencies and it intends to do so to know who wants to hear it. Also, to become a leader in the field, the country is focusing on the future of digital currencies. To such a point that the federal government has just ordered a study on the issues and the relevance of the implementation of the e-franc. It would be a crypto-currency to the state, of course supported by the technology BlockChain.

Pixabay – Geralt / The swiss authorities to consider the launch of the e-franc.

The swiss government did indeed intend to actively participate in this adventure, a spokesperson has said in recent days : “The federal Council is aware of the major challenges, legal and monetary, which would be accompanied by the use of an e-franc. He asked that the proposal be adopted to examine the risks and opportunities of e-frank and to clarify the legal aspects, economic and financial of the e-franc. “

A great deal of controversy national

However, the central bank of switzerland is not favourable to the launching of a crypto-currency. In effect, the implementation would be very complicated, especially to the merchants and banks who would have to deal with this new currency on a daily basis. The adaptation to such a currency is difficult. But it is the lower house of the swiss Parliament who will have the last word in deciding whether or not to give its support to this project a bit surprising.

Pixabay – Geralt / The central bank is not favourable to the launching of a crypto-currency.

Anyway, the topic is launched. A crypto-currency, the swiss national will be the day ? Maybe… For the moment, the project is only at its premises. It will be necessary to wait long months before getting a response. Patience !

Source : CryptoVest