Switzerland
Swiss council opposes capital Bern’s motion to study BTC mining
Legislators in Bern passed a motion to assess how BTC block reward mining can repurpose excess energy, but the governing...
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...
Singapore: SBI, UBS issue tokenized funds under Project Guardian
SBI’s pilot issues tokenized asset-backed securities and extends the service to secondary trading while partnering with UBS to tokenize a...
UBS pilots Digital Cash for cross-border payments
The pilot participants conducted local transactions in Swiss francs and global transfers in USD, euros, and yuan for faster and...
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
As one of Europe’s most cash-loving nations, Switzerland has over one-third of all transactions in cash, which the central bank...
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