🇨🇭A "real money equivalent," says #SNB chairman.
"This is not just an experiment, it will be real money equivalent to bank reserves and the aim is to test real transactions with market participants," the bank's chairman, Thomas Jordan, told Reuters at the Point Zero Forum.
However, the financial authority did not rule out expanding the project at some point in the future. "We don't exclude that we will ever introduce [CBDC] retail, but, nevertheless, we are a bit cautious at this point," he said.
