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Swiss National Bank

DLT-based SNB Bills to be settled in wholesale CBDCs

Wahid Pessarlay

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21 November, 2024

DLT-based SNB Bills to be settled in wholesale CBDCs

The Swiss National Bank noted that since the digital SNB Bills will be used for monetary policy, deploying it in...

Swiss National Bank wary of Bitcoin and Ethereum

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13 November, 2024

Swiss National Bank wary of Bitcoin and Ethereum

Swiss National Bank Chairman Martin Schlegel highlighted how the volatility of digital currencies made them impractical for payments, adding to...

Switzerland launches instant payments

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30 August, 2024

Switzerland launches instant payments

As one of Europe’s most cash-loving nations, Switzerland has over one-third of all transactions in cash, which the central bank...

Switzerland extends CBDC trial by 2 years after promising early results

Wahid Pessarlay

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27 June, 2024

Switzerland extends CBDC trial by 2 years after promising early results

Project Helvetia III will continue its run until 2026, with more firms expected to join the initiative, laying a solid...

Swiss Bank tokenization event hears optimism, concerns from leading banking institutions

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15 April, 2024

Swiss Bank tokenization event hears optimism, concerns from leading banking institutions

While some experts believe tokenization has an array of positive global impacts, others cautioned of its potential to throw efforts...

World Bank exploring Swiss franc digital bond settling in wholesale CBDC

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15 April, 2024

World Bank exploring Swiss franc digital bond settling in wholesale CBDC

Building on two previous digital bond issuances, the World Bank says the next logical step is to issue one that’s...

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