SNB and SIX to launch Secure Swiss Finance Network
The SNB and SIX are launching the Secure Swiss Finance Network (SSFN) communication network.
The SNB and SIX are launching the Secure Swiss Finance Network (SSFN) communication network.
The Swiss National Bank, the Banque de France and the BIS Innovation Hub will conduct an experiment using wholesale CBDC.
The Swiss National Bank (SNB) expects to report a profit of approximately CHF 21 billion for 2020.
SNB is supporting market participants in the transition from Libor to new and more robust reference rates such as SARON.
Over the second half of 2019 and particularly in the first six months of 2020, Switzerland conducted an intervention to resist appreciation of the franc.
A PoC linking the existing payment system to a distributed ledger and another issuing a wholesale central bank digital currency (CBDC) are compared.