Reuters reported Switzerland is formally considering the possibility of a state-backed cryptocurrency. Its government has asked legislators commission a study on the pros and cons of a Swiss “e-franc.”
The Swiss National Bank reported a first-quarter loss of 6.8 billion Swiss francs ($6.92 billion) on Thursday, highlighting the volatility its massive balance sheet creates for the central bank’s earnings. […]
The Swiss franc held at the lowest level in three years against the euro Friday, with some market experts citing U.S. sanctions against Russia as a key driver in the […]
The Swiss franc fell to a three-year low of 1.20 against the euro on Thursday as a revival in risk appetite encouraged investors to use it to buy higher yielding […]
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