Digital currency reduce risk, Zug immediately converts any bitcoin received into the Swiss currency.Swiss Federal Railways, government-owned railway company of Switzerland, sells bitcoins at its ticket machines. UK The Chief Scientific Adviser to the UK government advised his Prime Minister and Parliament to consider using a blockchain-based digital currency. The chief economist of Bank of England, the central bank of the United Kingdom, proposed abolition of paper currency. The Bank has also taken an interest in bitcoin. In 2016 it has embarked on a multi-year research programme to explore the implications of a central bank issued digital currency. The Bank of England
Digital currency has produced several research papers on the topic. One suggests that the economic benefits of issuing a digital currency on a distributed ledger could add as much as 3 percent to a country's economic output. The Bank said that it wanted the next version of the bank’s basic software infrastructure to be compatible with distributed ledgers. Ukraine The National Bank of Ukraine is considering a creation of its own issuance/turnover/servicing system for a blockchain-based national cryptocurrency. The regulator also announced that blockchain could be a part of a national project called "Cashless Economy". Government attitude dictates the tendency among established