Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Bitcoin News: BTC Sets Record Daily Close With $110K as the Next Level to Watch

May 21, 2025

Commerce Secretary Lutnick Divests Cantor Fitzgerald Stake

May 21, 2025

3 Hyperliquid Whales Bet Big on Bitcoin Bullish

May 21, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Bitcoin News: BTC Sets Record Daily Close With $110K as the Next Level to Watch

    May 21, 2025

    Commerce Secretary Lutnick Divests Cantor Fitzgerald Stake

    May 21, 2025

    KindlyMD shareholders OK merger with Trump-linked Bitcoin firm

    May 21, 2025

    Kraken Rolls Out Regulated Crypto Derivatives in Europe

    May 21, 2025

    KindlyMD shareholders OK merger with Trump-linked Bitcoin firm

    May 21, 2025

    NYC Mayor Eric Adams launches crypto advisory council

    May 21, 2025

    Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury

    May 21, 2025

    Bitcoin open interest hits record high as bulls stampede toward new BTC price highs

    May 20, 2025

    Ethereum price gained 90% the last time this indicator turned bullish

    May 20, 2025

    Whale Holding $2,190,000,000 in Bitcoin Withdraws More BTC From Binance in Accumulation Spree: Lookonchain

    May 20, 2025

    Price predictions 5/19: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

    May 19, 2025

    Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claims

    May 19, 2025

    ‘Hawk tuah girl’ Haliey Welch says FBI probed her ‘memecoin disaster’

    May 21, 2025

    Quantum Biopharma adds to crypto holdings

    May 19, 2025

    Crypto.com, Canary launch CRO fund in US

    May 19, 2025

    Community sales are the future of crypto fundraising

    May 19, 2025

    Bitcoin News: BTC Sets Record Daily Close With $110K as the Next Level to Watch

    May 21, 2025

    Commerce Secretary Lutnick Divests Cantor Fitzgerald Stake

    May 21, 2025

    3 Hyperliquid Whales Bet Big on Bitcoin Bullish

    May 21, 2025

    KindlyMD shareholders OK merger with Trump-linked Bitcoin firm

    May 21, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    JPMorgan Is LYING To You About BITCOIN

    May 20, 2025

    SHOCKING Things Happening w/ Bitcoin Behind the Scenes (DON'T MISS)

    May 20, 2025

    Ripple vs. Coinbase: Circle Bidding War! Who Wins & Why It Matters?

    May 20, 2025

    Microstrategy SUED For LYING About Bitcoin

    May 20, 2025

    Crypto Is Making People Targets—And You Might Be Next

    May 20, 2025
ApeWatcher News
Home » Chairman of Swiss National Bank Says No Need for CBDCs To Be Issued to Public: Report
Chairman of Swiss National Bank Says No Need for CBDCs To Be Issued to Public: Report
News

Chairman of Swiss National Bank Says No Need for CBDCs To Be Issued to Public: Report

The Daily HodlBy The Daily HodlApril 10, 20240 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Thomas Jordan, chairman of the Swiss National Bank (SNB), reportedly believes that the risks of a retail central bank digital currency (CBDC) outweigh the benefits.

While speaking at an event in Zurich, Jordan said the SNB doesn’t think there is a need to roll out a CBDC to the public right now, Reuters reports.

“Consumers and businesses already have access to a wide range of efficient and innovative payment instruments offered by the private sector.

Retail CBDC could fundamentally alter the current monetary system and the role of central banks and commercial banks, with far-reaching consequences for the financial system.”

Last year, the SNB launched a “wholesale” central bank digital currency pilot program. Wholesale CBDCs are restricted to large transactions between financial institutions.

Said Jordan at the time,

“This is not just an experiment, it will be real money equivalent to bank reserves and the objective is to test real transactions with market participants…

We do not exclude that we will never introduce retail [CBDCs] but nevertheless, we are a little bit prudent at the moment.”

This week, Jordan said Swiss franc wholesale CBDCs “can be issued on a third-party platform and used to settle tokenized assets safely and efficiently.”

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Generated Image: Midjourney



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin News: BTC Sets Record Daily Close With $110K as the Next Level to Watch

May 21, 2025

Commerce Secretary Lutnick Divests Cantor Fitzgerald Stake

May 21, 2025

KindlyMD shareholders OK merger with Trump-linked Bitcoin firm

May 21, 2025

Kraken Rolls Out Regulated Crypto Derivatives in Europe

May 21, 2025

Russia Prepares Bill to Streamline Confiscation of Digital Assets

May 21, 2025

Strategy (MSTR) 13F Holdings Suggest Broadening Structural Demand For BTC: Standard Chartered

May 21, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Bitcoin News: BTC Sets Record Daily Close With $110K as the Next Level to Watch

May 21, 2025

Commerce Secretary Lutnick Divests Cantor Fitzgerald Stake

May 21, 2025

3 Hyperliquid Whales Bet Big on Bitcoin Bullish

May 21, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.