Influential Swiss think tank urges the SNB to start working on a national cryptocurrency

Author: Eamonn Sheridan | Category: Cryptocurrency

Avenir Suisse released a report "Blockchain After the Hype"

  • suggests the creation of a "franc token" controlled by the SNB
  • a stablecoin
  • to convert Switzerland into a "blockchain nation"
  • to upgrade the Swiss financial sector by enabling the trade of cryptoassets
  • "It would facilitate tokenized securities trading if the National Bank and major players in the industry were to drive the development of a Swiss franc token" 
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While the article focuses on Switzerland, this movement is wider spread. Gold folks might want to consider the implications of this movement. 

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Meanwhile, sort of related, bitcoin a little quieter the past 24 hours:

Avenir Suisse released a report "Blockchain After the Hype"

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