SNB – DIGIT INFO

On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank

DIGIT — Thu, 16 Mar 2023 16:00:20 +0000

Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S. dollar, eroding trust amid fears about the global banking system. On Wednesday at around 9 p.m. (ET), Credit […]

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Swiss National Bank Trials CBDC in Transactions With Five Banks

DIGIT — Fri, 14 Jan 2022 14:49:39 +0000

The 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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Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial

DIGIT — Thu, 09 Dec 2021 18:30:09 +0000

Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private firms. France and Switzerland Explore Direct Transfer of Euro, Swiss Franc Wholesale Digital Currencies […]

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SynchroBit™, the Revolutionary Innovative Hybrid Trading Platform

DIGIT — Sat, 31 Aug 2019 07:50:32 +0000

Recently, Forbes featured innovation company, SYNCHRONIUM® has announced the public release of their innovative hybrid digital assets trading platform, the SynchroBit™. By introducing new concepts, technologies, and solutions for both rookies and professionals, the platform aims to open new horizons to the digital assets traders for minimizing their risks and maximizing their ROIs. SynchroBit™ is a multi-purpose hybrid digital assets trading platform that enables trading of digital assets supporting Fiat as well as crypto assets. Founded by a group of international experts in digital asset trading, blockchain, finance, digital marketing and developers who have a holistic approach for developing an entire

The post SynchroBit™, the Revolutionary Innovative Hybrid Trading Platform appeared first on The Merkle Hash.

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“Private Digital Money” Better than State-Issued, Swiss Central Banker Says

DIGIT — Sat, 07 Apr 2018 17:55:10 +0000

Private digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her comments indicate that Switzerland has no intentions to emit a state-sponsored crypto. Also read: Centralized Cryptoruble Not Possible, Minister […]

The post “Private Digital Money” Better than State-Issued, Swiss Central Banker Says appeared first on Bitcoin News.

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