Swiss Bankers Association

According to reports, the Swiss Bankers Association has released a white paper on how Swiss banks can support the development of the country’s digital economy. The Swiss franc “joint” deposit token is the solution determined by the group. Swiss Bankers Association: The penetration rate of stable currency in the Swiss financial system is limited Analysis based on this information:Switzerland is known for its prowess in banking and finance. It is often regarded as a hub for wealth management, and its banks are known for their discretion, security, and reliability. In recent years, however, Swiss banks have been looking to embrace digital innovations to stay ahead of global competition while responding to the rapidly changing needs of customers. The Swiss Bankers Association (SBA) has released a white paper that explores how Swiss banks can support the development of the country’s digital economy. The white paper outlines the use of a joint deposit token, denominated in Swiss Francs, as the solution that…