Swiss National Bank Extends Digital-Franc Pilot Program for Two More Years

The Swiss National Bank (SNB) has extended its digital-franc pilot program by an additional two years. The initiative aims to expand financial institution participation to support broader transaction capabilities. FINMA’s closure of FlowBank underscores the Swiss regulatory system’s stringent standards amidst financial instability concerns. The Swiss National Bank extends its digital-franc pilot program, aiming to

Source: CoinOtag