Author: Editorial Office CVJ.CH

The CVJ editorial staff consists of a team of Blockchain experts and informs daily and independently about the most exciting news.

Last March, the Swiss Bankers Association (SBA) published a white paper on the Deposit Token (DT), a digital Swiss franc stablecoin. Now, the three banks UBS, PostFinance and Sygnum have signed a letter of intent for a proof-of-concept (PoC) by 2025. The “Digital Currencies” project is seen as an important step towards improving the services offered by the Swiss financial center and maintaining its competitive edge in the digital economy. With the letter of intent, the Deposit Token initiative has reached another milestone, the SBA said in a press release. In the proof of concept, the SBA will act as…

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