The chairman of Switzerland’s stock exchange, Romeo Lacher, advocated the creation of a Swiss cryptocurrency that would be backed by that country’s central bank, the Financial Times reports. Lacher is proposing the “e-franc” as a means to improve the Swiss economy and provide another payment system for users, the report says. Lacher’s comments come at a time when more nations are discussing launching their own cryptocurrencies. Venezuela last week introduced the world’s first government-backed cryptocurrency. Read more here.

ThirtyK Staff
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