Swiss National Bank open to expanding digital currency project
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Swiss National Bank open to expanding digital currency project
ZURICH (Reuters) - The Swiss National Bank is open to expanding its pilot project with wholesale central bank digital currencies, governing board member Antoine Martin said on Wednesday.
"We would like to see a pilot which develops, with more banks joining and a higher volume of transactions," Martin told the Point Zero Forum event in Zurich.
The SNB will continue providing a wholesale central bank digital currency (CBDC) for at least two more years, it said last month, extending a pilot called Project Helvetia III which began last year.
