<pre>The CryptoFranc (XCHF) is a stable coin bound to the Swiss Franc and classifies as a payment token in accordance with the FINMA ICO guidelines.</pre> Each token represents a claim of one Swiss Franc against the Issuer backed by a bank guarantee. The CryptoFranc (XCHF) was launched by Swiss Crypto Tokens AG, a subsidiary of Bitcoin Suisse AG on November 1st, 2018 as a bond and was converted into a payment token as of Jan 1, 2021. <p>Associated domains</p> <p>www.cryptofranc.online</p> <p>www.cryptofranc.org</p> <p>www.cryptofranc.site</p> <p>www.cryptofranc.website</p>