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

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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May 5, 2022, 3:17PM UTC
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