Swiss central bank tests wholesale CBDC with commercial partners By Cointelegraph
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Switzerland took another step to clarify the roadmap for integrating central bank digital currencies (CBDC) into the current financial system.
The Swiss National Bank (SNB), the country’s central bank, completed the second phase of Project Helvetia with its partners by integrating wholesale CBDC into the existing back-office systems and processes of five banks, namely Citi, Credit Suisse (SIX:), Goldman Sachs (NYSE:), Hypothekarbank Lenzburg and UBS.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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Switzerland took another step to clarify the roadmap for integrating central bank digital currencies (CBDC) into the current financial system.
The Swiss National Bank (SNB), the country’s central bank, completed the second phase of Project Helvetia with its partners by integrating wholesale CBDC into the existing back-office systems and processes of five banks, namely Citi, Credit Suisse (SIX:), Goldman Sachs (NYSE:), Hypothekarbank Lenzburg and UBS.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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