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 gold currency e-gold complied with all other terms of its plea agreement, it was not able to obtain money transmitting licenses due to its guilty plea. Since returning value to customers could constitute money transmitting without a license, e-gold entered into an agreement in 2010 with the US Government to enable e-gold account holders to claim the "monetized value" of their accounts, collectively valued in excess of 90 million US Dollars. 1mdc was a digital gold currency backed by e-gold rather than by physical gold. In April 27, 2007, a US court ordered e-gold to freeze or block the e-gold accounts 1mdc