Switzerland To Create National Cryptocurrency

May 21, 2018

Swiss government plans to hold all-round study for probable developing of national cryptocurrency.

Cedric Wermuth, Swiss official and vice president of the Social Democratic Party, has set forth this proposal and waits for it to be approved by the lower house of the Parliament. Wermuth  noted, he is quite aware of the scope of work to be done on the issue, yet asks for accepting his initiative to finally clarify all pros and cons about this industry.

Remember that earlier this month the country’s largest bank UBS reported, it is not intended to render cryptocurrency related services for its customers.

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