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Swiss National Bank Plans to Launch Their Own Cryptocurrency

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February 27, 2018 | 

1229 Views | 

Joanna Newman | 

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In an interview with the Financial Times last Sunday, Romeo Lacher, the Chairman of the Swiss Infrastructure and Exchange Group (SIX), announced that he would like to see the Swiss National Bank launch a national cryptocurrency. This comes in contrast to the central bank’s current stance on the acceptance of digital money.

Lacher also added to his statement by saying that a digital version of the Swiss franc would contribute to bettering the country’s economy, as well as inviting the possibility of creating new national partnerships. Also, the launch of an “E-franc” would allow the country to maintain control over local commerce by encouraging the use of electronic payment.

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