Swiss Central Bank to Launch Wholesale CBDC Soon Says Chairman Thomas Jordan – Fintech Bitcoin News
Thomas Jordan said while the Central Bank has not ruled out launching retail CBDCs the bank is being "a little bit prudent at the moment."...
- The Swiss National Bank (SNB) plans to issue a wholesale central bank digital currency (CBDC) as a pilot via SIX Digital Exchange.
- The pilot CBDC project is expected to commence soon and will run for a limited period.
- The experiment will involve the use of a real money equivalent to test real transactions with market participants.
- The SNB is being cautious about launching a retail CBDC at the moment.
The sentiment of the article is neutral. It provides information about the SNB's plans to issue a wholesale CBDC pilot and their cautious approach towards launching a retail CBDC.