Swiss Federal Commission: Central bank digital currency will not bring additional benefits to Switzerland, but will trigger new risks

At its meeting today, the Swiss Federal Council adopted a report examining the opportunities and risks of introducing crypto-franc (e-franc). The council concluded that the widespread implementation of the central bank's digital currency will not currently bring additional benefits to Switzerland. Instead, it will trigger new risks, especially with regard to financial stability. The Federal Council and the Swiss National Bank will continue to closely monitor developments in this area.