Recently various countries considered launching their national crypto currency. Some already have already went forward with it, we recently reported about Venezuela and their oil backed Petro. Now there are rumors that e-franc from Switzerland could be the next one coming:

„It would be good for the economy” – stated Romeo Lacher, chairman of Swiss stock exchange in a report to Financial Times

Romeo suggested that a possible introduction of national crypto currency would boost the Swiss economy and could lead to the desired abandonment of cash.

„I believe there would be a lot of upsides, we would be strongly supportive … An e-franc under the control of the central bank would create a lot of synergies — so it would be good for the economy. I don’t like cash.”

Well, opinions do differ on the subject though. Swiss National Bank claims there is no need for a digital national currency yet, as the current vision of cashless transactions are easily doable with credit and debit cards at the moment. Besides the disagreement whether e-franc is desirable or not, Switzerland remains one of the most pro-blockchain countries worldwide. Not long ago, Swiss Economics Minister Johann Schneider-Ammann at a crypto finance conference said that Switzerland wants to be the “crypto nation”. Well, we would definitely love to see the same openness for cryptos all around the world. Hopefully other countries will follow soon!