BIS And Swiss National Bank Announce Findings of CBDC Pilot Program

2020-12-5 22:13

Revealed on Dec 3, the BIS claims the results demonstrate the operational feasibility and legal workability of a digital franc used only for interbank settlement on a blockchain testnet. Project Helvetia Background In the works since 2019, the collaboration brought together the BIS, SNB, and financial market infrastructure provider SIX Group.

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bis helvetia background works project testnet settlement

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