The Swiss Central Bank will study the benefits of issuing a digital franc for exchange traders The Swiss Central Bank and the SIX stock exchange will explore the possibilities of using the digital currency issued by the central bank when concluding transactions on tokenized assets.

Central Bank of Switzerland will study the benefits of issuing digital franc for exchange trading

Swiss Central Bank and SIX Stock Exchange will study opportunities for the use of digital currency issued by the central bank when concluding transactions on tokenized assets.

As SIX's SDX Digital Asset Division reported in this Wednesday, the project is being implemented starring Swiss National Bank and Bank for International Settlements.
The study will validate various technical concepts, including the digital launch of the Swiss franc on the SDX platform.

SDX expects tokenized assets based on distributed ledger technology and national digital currencies will reduce counterparty risks and introduce new financial innovations.

Previously, SIX took an active part in the life of the cryptocurrency and blockchain space. Just last week fintech company Amun AG launched on its platform an exchange product pegged to Bitcoin and Ethereum and denominated in Swiss francs. She is also preparing to fully launch her own exchange. digital assets, the prototype of which was presented in September.

Earlier, the head of the Central Bank of Switzerland, Thomas Jordan, spoke about the risks of stablecoins for the monetary policy of the state..

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