Swiss National Bank (SNB) Chairman Thomas Jordan said Monday (April 8) that the risks of a central bank digital currency (CBDC) issued to the general public would outweigh...
Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem...
The recent move by Norway to enact rules ensuring consumers’ ability to pay with cash reflects a growing concern over the potential exclusion of certain...
Swiss National Bank (SNB) Vice Chairman Martin Schlegel said Friday (Feb. 23) that physical cash will never disappear from use in Switzerland, despite the popularity...
The Swiss National Bank (SNB) is set to begin piloting a wholesale digital franc next month. The bank, along with six other lenders from Switzerland, Germany and...
The Swiss National Bank has called for a review of “too big to fail” (TBTF) regulations after the crisis around Credit Suisse in March. While measures taken by authorities...
Switzerland’s National Bank (SNB) has approved a wide swath of transactions involving central bank digital currency (CBDC), the country’s monetary authority announced. The Zurich-based regulator said...
Carlos Lenz, chief economist of the Swiss National Bank, told a news conference the bank sees no need for a digital franc, even though it...
With the belief that it could cause instability within the country’s financial system, the government of Switzerland spoke against making a central bank digital currency...