First-ever speedcubing competition in P.E.I. draws large crowd | SaltWire #rubikscube #charlottetownZURICH - The Swiss National Bank sees no need for a central bank digital currency to be issued to the general public, Chairman Thomas Jordan said on Monday.
Still, the SNB has been trialling a scheme using wholesale CBDC - which enables payments using central bank money between commercial banks - to speed up and make payments cheaper. Four bond issuances, from the cantons of Basel-Stadt and Zurich and the cities of Lugano and St Gallen, were successfully settled with wholesale CBDC as part of the pilot.
"Swiss franc wholesale CBDC can be issued on a third-party platform and used to settle tokenised assets safely and efficiently," he said.
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