Feature Central Banks

Switzerland's central bank will expand digital currency trials to include commercial banks

by Ryan Weeks

December 22, 2020, 12:39PM EST · 3 min read

Quick Take

The Swiss National Bank and the operator of the Swiss stock exchange are looking to test a wholesale CBDC with commercial banks.
Swiss central banker Thomas Moser said SDX will initially go live with a stablecoin backed by its own reserves.

Switzerland's central bank and its stock exchange operator say they have successfully tested a wholesale CBDC. What's next?

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