In a new working paper the Swiss Bankers Association identifies challenges for banks. Nevertheless it argues that
[a]ny conclusion that the status quo is the least risky option seems premature and shortsighted.
The introduction of digital currencies and design questions regarding payment methods and infrastructure represent strategic business as well as political challenges on which public authorities and business must take a productive position. An informed discussion on the design and implementation of digital currencies is essential. It is time for the general public to consider these issues and drive the opinion-forming process.