SIX Digital Exchange (SDX) - Digital Pound Foundation

Swiss National Bank and SDX Extend Project Helvetia CBDC Project for Two More Years

The Swiss National Bank (SNB) and the SIX Digital Exchange (SDX) have announced that they will extend their exploration of wholesale central bank digital currencies (CBDCs) for an additional two years. This extension is a part of the ongoing Project Helvetia, which is now entering its third phase. The project aims to further integrate CBDCs […]

Project Helvetia Phase III: Basel-City and Zurich Spearhead wCBDC Bond Issuances on DLT Platform

Earlier this month, Cantons of Basel-City and Zurich completed the issuance of digital bonds utilising a Swiss Franc (CHF) wholesale central bank digital currency (wCBDC), provided by the Swiss National Bank (SNB) through the SIX Digital Exchange (SDX). This achievement forms a crucial part of Project Helvetia Phase III, unveiled by the SNB on November […]

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Whilst most CBDC experiments have involved private sector technology providers, the overwhelming majority of these experiments, to date, have not involved participation from other private sector actors. The Digital Pound Foundation is unique in proposing a model whereby the public and private sectors can fully engage in the design, development and adoption of a digital Pound, thus contributing to its successful roll-out and helping drive forward the UK’s transition to a digital economy.

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