In a rapidly changing financial landscape, #Switzerland 🇨🇭 has gone its own way.
The country does not belong to the European Union nor does it use the bloc's currency, the euro. Instead, Switzerland has its own currency, the #Swiss franc.
The Alpine nation has been considering its digital currency for some time. In January 2021, the country patented terms such as "e-franc" and "digital Swiss franc." However, the country's financial elite knew it wanted a wholesale-only option from 2020.
