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French and Swiss Central Banks to Test Cross-Border CBDC Payments French and Swiss Central Banks to Test Cross-Border CBDC Payments Many private tech and financial players are involved in the project. Arnab Shome 2021-06-10T12:26:03+00:00 2021-06-10T13:36:33+00:00 Photo: Swiss Alps The Bank of France and the Swiss National Bank have joined hands to launch the trial of cross-border transactions using central bank digital currencies (CBDC). Announced on Thursday, the Bank of International Settlements (BIS) Innovation Hub is a partner of the two central banks in the trial, which will be the first of such kind in Europe. Additionally, a private consortium of companies, including Credit Suisse, Natixis, R3, SIX Digital Exchange and UBS, led by IT giant Accenture are also involved in the trial.

Hong kongSylvie goulardDigital exchangeCredit suisseBanque de franceSwiss national bankInternational settlementsInnovation hubProject juraFrance deputy governorExpands cryptocurrencies portfolioGoverning boardSwiss nationalஹாங் காங்சில்வி கோஉலார்த்டிஜிட்டல் பரிமாற்றம்