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How central banks are testing blockchain-based monetary policyThe 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).
Notable CBDC Initiatives Gaining Momentum As de-dollarization intensifies and financial systems evolve, several countries are either piloting or implementing CBDCs. These efforts aim to improve ...
The Swiss National Bank (SNB) is exploring three options for DLT settlement, including its pilot wholesale CBDC, tokenized private money, and connectivity between traditional payment systems and DLT ...
It was issued as part of the Swiss central bank’s wholesale central bank digital currency pilot program known as Project Helvetia. The bond’s settlement is scheduled for Nov. 25 through the CBDC ...
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.
ZURICH (Reuters) – The Swiss National Bank is open to expanding its pilot project with wholesale central bank digital currencies, governing board member Antoine Martin said on Wednesday. “We would ...
ZURICH (Reuters) - The Swiss National Bank is open to expanding its pilot project with wholesale central bank digital currencies, governing board member Antoine Martin said on Wednesday. "We would ...
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.
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 ...
On Thursday, the Swiss National Bank announced that it would be continuing its digital asset pilot programme for the next two years. The third phase of Project Helvetia will come to an end on June ...
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