Thursday, November 21, 2024
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Swiss National Bank to Launch Wholesale CBDC (wCBDC) Pilot Soon

The decision to prioritize wholesale CBDCs, which involve tokenized securities, showcases the SNB’s commitment to thoroughly assess and manage any associated risks before considering the introduction of retail CBDCs. The Swiss National Bank (SNB) is set to create a digital currency known as a wholesale central bank digital currency (wCBDC). According

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