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Swiss National Bank Trials CBDC in Transactions With Five Banks

Swiss National Bank Trials CBDC in Transactions With Five BanksThe Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlements and Switzerland’s financial services provider SIX. Swiss Central Bank Tests Integration of Wholesale CBDC Settlement With Private Banks […]

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial

Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC TrialBank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private firms. France and Switzerland Explore Direct Transfer of Euro, Swiss Franc Wholesale Digital Currencies […]

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO