Chairman of the Swiss Stock Exchange SIX Romero Lacher believes that the idea of launching a crypto-currency version of the Swiss franc has many "positive aspects".
In a conversation with the Financial Times, Lacher said that his company will give all possible support to this initiative, adding that "he does not like cash".
I believe there would be a lot of upsides, we would be strongly supportive … An e-franc under the control of the central bank would create a lot of synergies — so it would be good for the economy. I don’t like cash.
Switzerland is known as one of the most focused on the sphere of crypto-currencies and blockchain of the world's jurisdictions, however, in its banking industry, digital currencies have not yet spread.
This was again reminded by the National Bank of Switzerland, saying that the country "does not need" in the so-called "e-franc" at the present time.
I think the strategic direction is good, but it’s like going into fog. You don’t know what you will see on the other side. Many mistakes will be made, but we will also learn a lot and I am sure, we will be successful. My worry is that until recently, the value of cryptocurrencies has only been in one direction — up. After the first ICO to collapse, there will be burnt fingers.
Lacher, in turn, shares the cautious view of the regulators on the ICO.