Swiss National Bank chair Schlegel was speaking at an event in Brugg, Switzerland, on Thursday.
physical cash to retain an important role in the Swiss payments systemvirtual currencies “remain a niche phenomenon”strong fluctuation in values that meant they were not practical for paymentsrequired a huge amount of energywere also linked to illegal activities and were difficult to police
Via Reuters, more at the link here.
This article was written by Eamonn Sheridan at www.forexlive.com.
