Tagged: project helvetia

Project Helvetia: Swiss National Bank, Along with SIX and BIS, Test CBDC Settlement

January 14, 2022 @ 1:42 pm By JD Alois |

The Swiss National Bank (SNB) has successfully tested wholesale CBCD [central bank digital currency] settlement in a partnership with the Bank for International Settlements (BIS) and SIX (parent of the Swiss Stock Exchange). The test was completed during Q4 2021. The project utilized SDX, the… Read More

Read more in: Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged andréa maechler, bank for international settlements, Benoit Coeure, bis, cbdc, central bank digital currency, jos dijsselhof, project helvetia, six, snb, swiss national bank, switzerland

CBDCs Report: Switzerland May Want to Seriously Consider Central Bank Digital Currency Projects to Remain Competitive

July 12, 2021 @ 7:31 am By Omar Faridi |

At a time when reserve banks across the globe are increasingly focusing on their digital currency initiatives, Switzerland’s apparent lack of interest in seriously looking into central bank digital currencies (CBDCs) might make the leading European economy less competitive. This, according to a recent analysis… Read More

Read more in: Global, Blockchain & Digital Assets | Tagged banking, cbdc, cbdcs, central bank digital currencies, digital currencies, dlt, project helvetia, sba, snb, swiss bankers association, switzerland, systemic risks, virtual currencies