e-franc
ResearchSwitzerland
Central Bank(s)
Swiss National Bank
Announcement Year
2019
Status
Research
Retail/Wholesale
Retail
Switzerland: In December 2019, the Federal Council published a report on the benefits and risks of a central bank digital currency e-franc. In their findings the Federal Council concluded a "universally accessible central bank digital currency would bring no additional benefits for Switzerland at present". Rather, they believe that the issuance of a digital currency would introduce new risks that could jeopardize financial stability. The report was a response to the Wermuth postulate (18.3159), which was submitted in March 2018.
Link to announcement
Link to whitepaper
Last update: December 2019
December 2019
None → Research
Announcement Year: 2019
Retail/Wholesale: Retail
Description: Switzerland: In December 2019, the Federal Council published a report on the benefits and risks of a central bank digital currency e-franc. In their findings the Federal Council concluded a "universally accessible central bank digital currency would bring no additional benefits for Switzerland at present". Rather, they believe that the issuance of a digital currency would introduce new risks that could jeopardize financial stability. The report was a response to the Wermuth postulate (18.3159), which was submitted in March 2018.
Link to announcement: www.efd.admin.chwww.ledgerinsights.com
Link to whitepaper: www.snb.ch
Country / Region: Switzerland
Central Bank(s): Swiss National Bank
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