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Switzerland Seeks a Study of Starting Its Own Cryptocurrency

Switzerland’s government has requested a report into the risks and opportunities of launching its own cryptocurrency, a so-called “e-franc” that would use technology similar to privately launched coins like bitcoin but have backing of the state. The lower house of the Swiss parliament must now decide whether to back the Federal Council’s request for a study into the subject, which has been discussed in Sweden. Cryptocurrencies have drawn scrutiny from lawmakers and international...

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