Swiss National Bank and SDX Expanding Project Helvetia to Include More Institutions and Transaction Types

Thursday, 20 June 2024, 11:33

The Swiss National Bank and SDX are intensifying efforts in Project Helvetia to further investigate central bank digital currencies (CBDCs) and tokenized securities. In the next two years, additional financial institutions and diverse transaction types are set to participate in the initiative, signaling a noteworthy advancement in the exploration of digital assets and blockchain technology. The collaboration between SNB and SDX in Project Helvetia is a significant step towards the adoption and integration of innovative financial solutions in Switzerland and beyond.
CoinDesk
Swiss National Bank and SDX Expanding Project Helvetia to Include More Institutions and Transaction Types

Project Helvetia Update: Exploring CBDCs and Tokenized Securities

The Swiss National Bank (SNB) and SDX are ramping up their efforts in Project Helvetia to delve deeper into the realms of central bank digital currencies (CBDCs) and tokenized securities.

During the upcoming two-year phase, more financial institutions and transaction types are anticipated to partake in the initiative, underscoring a notable progression in the investigation of digital assets and blockchain technology.

  • Emphasis on CBDCs and Tokenized Securities
  • Collaboration of SNB and SDX
  • Integration of Innovative Financial Solutions

Project Helvetia's expansion represents a significant stride towards the wider adoption and integration of cutting-edge financial technologies in the Swiss financial landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe