Swiss central bank undertakes ‘world first’ tokenised ‘monetary policy operation’

The Swiss National Bank (SNB) announced it has become the world's first central bank to carry out a monetary policy operation in a live production environment using distributed ledger technology (DLT). The SNB issued digital SNB bills (CHF 64 million, one-week term) on the SIX Digital Exchange (SDX) in early June 2024.

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