The Swiss National Bank rejected growing calls to adopt Bitcoin (BTC) as part of its foreign currency reserves, saying cryptocurrencies fail to meet its requirements for liquidity and stability. Speaking at the central bank’s annual shareholder...
A coalition of crypto advocates in Switzerland is campaigning for the Swiss National Bank (SNB) to diversify its foreign reserves by acquiring Bitcoin (BTC), citing concerns about overreliance on traditional currencies and political exposure....
At a recent event, SNB Chairman Thomas Jordan outlined the exploration of tokenizing financial assets and alternatives to their current wholesale CBDC, showcasing Project Helvetia IIIs initiatives.
The post Swiss National Bank Prefers Tokenized...
Bitcoin advocates in Switzerland have initiated a campaign to trigger a National Referendum urging the Swiss National Bank (SNB) to include the flagship digital asset in its asset reserves. The campaign is spearheaded by Yves Bennaïm, the founder...
Swiss National Bank (SNB) Chairman Thomas Jordan said the central bank “sees no need” to issue a central bank digital currency (CBDC) for public use despite the benefits of a wholesale version. Jordan argued that the current financial market offers...
Progress in CBDC testing Swiss National Bank (SNB) Governor Thomas Jordan today announced the launch of a wholesale Central Bank Digital Currency (CBDC) as part of an experiment. He said that this is not just an experiment, and that CBDC will be...
The Swiss National Bank (SNB) has rolled out plans to launch a pilot for a wholesale CBDC. Here is the culmination of plans that the bank has been considering since 2020.
The post Swiss National Bank to Launch a Wholesale CBDC appeared first on...
While looking for a diversified investment destination other than cryptocurrencies, you may have begun to be interested in FX trading, and have questions about the differences from cryptocurrencies and how to effectively manage FX. Forex means...
news of the week We will deliver the news of the week (3/11-3/17) together. This week, the most headline news was about financial troubles at Swiss financial giant Credit Suisse. Regarding the crypto asset (virtual currency) market, the report on...
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