Wholesale CBDC

Bank of England: Digital Currency Won’t Supplant Cash in UK
Bank of England: Digital Currency Won’t Supplant Cash in UK
October 27, 2024  |  CBDC

If the U.K. adopts a digital currency, citizens shouldn’t expect cash and coins to disappear. That’s according to Bank of England Governor Andrew Bailey, who...

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Switzerland Central Bank Willing to Expand CBDC Project
Switzerland Central Bank Willing to Expand CBDC Project
July 03, 2024  |  CBDC

The Swiss National Bank is reportedly amenable to expanding its digital currency project. “We would like to see a pilot which develops, with more banks...

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Swiss National Bank Chairman Says Retail CBDC Too Risky
Swiss National Bank Chairman Says Retail CBDC Too Risky
April 08, 2024  |  CBDC

Swiss National Bank (SNB) Chairman Thomas Jordan said Monday (April 8) that the risks of a central bank digital currency (CBDC) issued to the general public would outweigh...

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Switzerland’s Central Bank Plans December CBDC Pilot
Switzerland’s Central Bank Plans December CBDC Pilot
November 02, 2023  |  CBDC

The Swiss National Bank (SNB) is set to begin piloting a wholesale digital franc next month. The bank, along with six other lenders from Switzerland, Germany and...

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PYMNTS Intelligence: Bringing Wholesale Improvements to Cross-Border Payments
PYMNTS Intelligence: Bringing Wholesale Improvements to Cross-Border Payments
January 02, 2023  |  Blockchain

As central banks roll out central bank digital currencies (CBDCs) for both wholesale and retail use cases, public-private partnerships are expected to play a pivotal role. This...

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