Switzerland hopes to become a true reference in the crypto-currencies sector and wants to become an indispensable hub for investors. It is for this reason that the authorities are currently working on implementing a regulation favourable to virtual currencies.
Switzerland is in favour of crypto-currencies and it intends to make it known to anyone who wants to hear it. In order to become a leader in the field, the country focuses on the future of digital currencies.
So much so that the federal government has just commissioned a study on the issues and relevance of the e-franc implementation.
This would be a state crypto-currency, of course supported by BlockChain technology.
Its nice to hear that Switzerland had joined the growing numbers of crypto currencies friendly countries by launching its own crypto E-franc, Venezuela had launched petro, this is a welcome development I believed other countries will follow-suit so as to sustain the growing numbers of cryptos in the ecosystem. Although this crypto will be well regulated and centralized this might discourage potential investors.