Swiss National Bank Trials CBDC in Transactions With Five Banks

Swiss National Bank Trials CBDC in Transactions With Five BanksThe Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlements and Switzerland’s financial services provider SIX. Swiss Central Bank Tests Integration of Wholesale CBDC Settlement With Private Banks […]

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Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector

Swiss, French Central Banks to Trial CBDC Settlements With BIS and Private SectorThe central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border transactions. The experiment will be conducted with the help of a private sector consortium led by Accenture. European Central Banks to Collaborate on CBDC Project The Swiss National Bank (SNB), […]

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