🇨🇭 The Swiss National Bank (SNB) has announced a pilot program for a CBDC involving 6 commercial banks. The pilot will run on the SIX Digital Exchange platform from December 2023 to June 2024. Key points:

- The digital currency will represent the Swiss franc for bond settlements

- The banks will use the Swiss Interbank Clearing infrastructure to tokenize the central bank's money

- The pilot does not guarantee the introduction of a CBDC on a permanent basis

The SNB continues to look for applications for the CBDC.