
Swiss Regulator FINMA Releases Comprehensive Guidelines for Stablecoins
FINMA stated that making the anti-money laundering rules mandatory for issuers is important to safeguard investors’ interests.
FINMA stated that making the anti-money laundering rules mandatory for issuers is important to safeguard investors’ interests.
SNB said that all transactions conducted during this test phase will be secured by digital bonds and settled on SDX using the wCBDC framework.
Central Banks around the world are grappling with the difficult task of managing excessive inflation while maintaining economic development.
The decision to prioritize wholesale CBDCs, which involve tokenized securities, showcases the SNB’s commitment to thoroughly assess and manage any associated risks before considering the introduction of retail CBDCs.