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Cryptocurrencies are More like Assets and Not Currency, says Swiss Central Bank at WEF 2019

During a World Economic Forum in Davos, Switzerland on Wednesday, Swiss National Bank President speaks about crypto assets and said it’s not a currency. Swiss Central Bank Raising Eyebrows Every discussion on the growth of cryptocurrency comes with ‘regulation’ at its core. In a similar context, WEF conference (organized for Jan 22 and 25, 2019)

During a World Economic Forum in Davos, Switzerland on Wednesday, Swiss National Bank President speaks about crypto assets and said it’s not a currency. Swiss Central Bank Raising Eyebrows Every discussion on the growth of cryptocurrency comes with ‘regulation’ at its core. In a similar context, WEF conference (organized for Jan 22 and 25, 2019)

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Bitcoin News
swiss national bank
Bitcoin News

Cryptocurrencies too Nascent to Issue E- Franc says Swiss National Bank

Thomas Moser, the board director of Swiss National Bank (SNB), while addressing to Crypto Valley blockchain conference in Zug said that blockchain technology and cryptocurrencies are currently far too nascent for the Swiss Central Bank to consider issuing a digital franc. People switch to something new only if it’s better or cheaper. Moser response comes

Thomas Moser, the board director of Swiss National Bank (SNB), while addressing to Crypto Valley blockchain conference in Zug said that blockchain technology and cryptocurrencies are currently far too nascent for the Swiss Central Bank to consider issuing a digital franc. People switch to something new only if it’s better or cheaper. Moser response comes