Posts Tagged ‘Swiss National Bank’
Swiss National Bank’s chairman against issuing retail central bank digital currency
THE Swiss National Bank sees no need for a central bank digital currency (CBDC) to be issued to the general public, chairman Thomas Jordan said on Monday (Apr 8). “Consumers and businesses already have access to a wide range of efficient and innovative payment instruments offered by the private sector,” Jordan told an event in…
Read MoreBIS and seven central banks to test tokenisation of cross-border payments
THE Bank for International Settlements (BIS) and seven central banks including the Federal Reserve Bank of New York will test using tokenization to increase the speed and integrity of international payments. Partnering with a large group of private financial companies, they will explore combining wholesale versions of tokenized central bank money and commercial bank deposits…
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