a.i & blockchain

swiss national bank, no plan in introducing digital currency

the swiss national bank is not planning to introduce a central bank digital currency (cbdc), according to a report.

the government has been researching the possibility of a cbdc since at least 2019, when the swiss parliament asked the government to examine the potential of creating one.

snb’s chief economist carlos lenz said, “this is not about implementation on a productive level,” lenz stated. “there are currently no plans to introduce digital bank money. this also applies to the wholesale area.”

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