Phase II of Project Helvetia is said to successfully demonstrate that such integration is operationally possible and issuing a wholesale CBDC on a DLT platform operated by a private company is ...

Plus, a wholesale CBDC will enable member banks to have one source of truth that's distributed among them, ... Project Helvetia started as a pilot with the Bank of International Settlements ...

The BIS Innovation Hub lists more than a dozen ongoing tokenization projects from Australia’s Project Dunbar (multi-CBDC bridge) to Switzerland’s Project Helvetia (DLT-based repo). Commercial ...

BIS, Swiss National Bank, SIX Exchange Complete Wholesale CBDC Trial Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the test. ... “Project Helvetia ...

The Swiss National Bank (SNB), the country's central bank, completed the second phase of Project Helvetia with its partners by integrating a wholesale CBDC into the existing back-office systems ...

The SNB and SIX Digital Exchange are extending their exploration of wholesale central bank digital currencies for two more years. The now-completed Project Helvetia III involved the issuance of ...

Core banking systems get CBDC treatment with Project Helvetia: 13 January 2022 /crypto. French and Swiss central banks hail completed wholesale CBDC trial: 09 December 2021 /crypto.

Since 2020, Project Helvetia has advanced significantly by onboarding six major banks, including UBS, Citi and Goldman Sachs with further global partner expansion planned in the coming months.

The Bank of International Settlements (BIS), Swiss National Bank (SNB) and SIX Swiss Exchange (SIX) have successfully completed the second phase of Project Helvetia — a tested integration of wholesale ...

The SNB will continue providing a wholesale central bank digital currency (CBDC) for at least two more years, it said last month, extending a pilot called Project Helvetia III which began last year.