The chair of the bank said that it could very easily purchase BTC but has decided against it as it doesn’t meet the requirements of currency reserves.
The Swiss bank partnered with the BIS, SIX stock exchange and five commercial banks, including UBS, Citi, and Credit Suisse, to test the wholesale CBDC.
The French and Swiss central banks tested the use of a wholesale CBDC in cross-border funds transfers, with Credit Suisse, Accenture, and others participating.
The fully regulated bank plans to provide a platform for institutions and non-native collective investment schemes to store digital currency and digital assets.
Legal fintech and blockchain expert Tina Balzli joined CoinGeek Backstage to talk about the intersection of blockchain, digital currencies and regulations.
On this episode of CoinGeek Backstage, Simit Naik talks about Switzerland’s emerging reputation as a center for blockchain, and the exciting projects under development at nChain.
On the sidelines of CoinGeek Zurich, Bitcoin Association’s legal counsel Marcin Zarakowski discusses how the changing regulatory environment affects digital currencies.
The CoinGeek Zurich conference presentations from Bitcoin Association’s Patrick Prinz and CENTI’s Bernhard Müller showcase just some of the exciting goings on in BSV in Switzerland.
Day 3 of the CoinGeek Conference in Zurich promises to be even more action-packed, with panels talking the future of digital assets, artificial intelligence on Bitcoin, blockchain-as-a-service, media perception of Bitcoin and more.
After an action-packed first day at CoinGeek Zurich which focused on the BSV enterprise blockchain and how it’s transforming payments, healthcare, supply chains and more, Day 2 will delve into NFTs, tokenized assets, blockchain law and more.
On the subject of “BSV Blockchain: Ignite the Power of Data,” the virtual event comes live from the heart of European finance, now a hotbed for innovation and growth within the blockchain sector.