Search
City of Basel Settles Tokenized Bonds Using Wholesale CBDC
12.12.2023
The Swiss city of Basel recently settled a series of tokenized bonds using a wholesale central bank digital currency (WCBDC) as part of Helvetia III, a WCBDC pilot program. The system is designed to prioritize efficiency, as having on-chain funds bypasses the need for reconciling transactions with...
Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks
2.11.2023
The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank Clearing (SIC)
Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent
5.7.2022
The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and analysts believe that the risk of “parity is just a matter of time now.” […]
Swiss public exchange lists two new carbon-neutral crypto ETPs
11.4.2022
The BTCO2 and ETH2O ETPs seek to expose investors to the world's two most valuable cryptocurrencies while offsetting their carbon footprints
'The risks outweigh the benefits' of a Swiss CBDC, says SNB governing board member
18.1.2022
"This does not mean the SNB is not interested in CBDC, but our focus is to look at the role that wholesale CBDCs could play," said Andréa Maechler
Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial
9.12.2021
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private firms....
Bitcoin briefly flippens Swiss franc after rally to new ATH
20.10.2021
The crypto asset's market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla
Steve Forbes Says Bitcoin’s Fixed Supply Limits Its Ability to ‘Meet the Needs of a Growing Economy’
18.1.2021
American publisher Steve Forbes has attacked bitcoin’s fixed supply saying this feature actually curbs the ability of the crypto to “meet the needs of a growing economy.” He also argues that bitcoin cannot replace the dollar because it is presently too volatile to function...
Swiss National Bank and BIS complete digital currency proofs-of-concept
4.12.2020
The Swiss National Bank and BIS don't want to miss out on possible blockchain-powered benefits for the financial system
Inflation games: Bitcoin competes with fiat on value but lacks volume
14.11.2020
Amid global economic contraction, Bitcoin appears to be gaining momentum against struggling fiat currencies
Swiss crypto bank Sygnum scores approval for digital asset trading
2.9.2020
The digital Swiss franc issuer is now licensed as a "digital asset trading facility."
PAX Gold Can Now Be Traded Against Swiss Franc and British Pound
20.3.2020
PAX Gold gets first-ever listing against the Swiss franc and the British pound on Switzerland-based exchange Smart Valor