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Helvetia

Pilot

Switzerland

Central Bank(s)

Swiss National Bank

Announcement Year

2020

Status

Pilot

Retail/Wholesale

Wholesale

Structure

Token

Technology Provider

SIX Digital Exchange

DLT / non-DLT

DLT

Main motivation/goals of the CBDC

SNB looked at using central bank digital currencies (CBDCs) for so-called wholesale transactions between financial institutions to make trading assets on a planned SIX exchange that will specialise in digital versions of conventional assets more efficient.

Description

SNB is engaged in exploring an institutional or wholesale digital currency. Swiss National Bank says more research is needed. Next stage of research due to be completed by Q3 2021.

Link to announcement

Timeline

Last update: July 2025

July 2025

Updated data

Link to announcement: www.snb.ch

November 2024

Updated data

Link to announcement: www.snb.chwww.ledgerinsights.com

June 2024

Updated data

Link to announcement: www.snb.ch

November 2023

Updated data

Link to announcement: www.snb.ch

Updated data

Link to announcement: www.snb.chwww.ledgerinsights.com

Updated data

Link to announcement: www.linkedin.com

June 2023

Status updated

Research Pilot

Added data

Technology Provider: SIX Digital Exchange

Updated data

Structure: Account Token

Link to announcement: www.reuters.comwww.bis.org

April 2023

Updated data

Link to announcement: www.snb.ch

December 2020

Status updated

None Research

Added data

Announcement Year: 2020

Retail/Wholesale: Wholesale

Structure: Account

Description: SNB is engaged in exploring an institutional or wholesale digital currency. Swiss National Bank says more research is needed. Next stage of research due to be completed by Q3 2021.

DLT / non-DLT: DLT

Main motivation/goals of the CBDC: SNB looked at using central bank digital currencies (CBDCs) for so-called wholesale transactions between financial institutions to make trading assets on a planned SIX exchange that will specialise in digital versions of conventional assets more efficient.

Link to announcement: www.reuters.comwww.ledgerinsights.com

Country / Region: Switzerland

Central Bank(s): Swiss National Bank

News

No recent news found for this currency.