SWISS BANKING CHAIRMAN: LIBRA WON’T TAKE OFF QUICKLY IN SWITZERLAND

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From spy scandals to the surge of crypto banks, the Swiss Bankers Association has had its hands full in 2019. However, Chairman Herbert Scheidt seems calm and confident. In part one of our Newsmaker interview, Scheidt expresses doubt that Facebook’s Libra will be quickly embraced in Switzerland but adds that the digital currency can make “important inroads” in parts of the world where the infrastructure is not as secure.

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