Reported 12 months ago
The Swiss National Bank expressed willingness to expand its pilot project involving wholesale central bank digital currencies, as mentioned by governing board member Antoine Martin. The SNB plans to continue offering a wholesale CBDC for another two years, with the ongoing Project Helvetia III involving six banks and six digital bond issuances totaling 750 million Swiss francs. Martin highlighted the desire for more banks to join and increased transaction volumes in the pilot project.
Source: YAHOO