The Swiss National Bank tested the feasibility of CBDCs in 2020.
The banks will experiment with cross-border settlements of two wholesale CBDCs and a French digital financial instrument on a distributed ledger technology platform.
A Swiss experiment on how central bank money can be linked to markets built on distributed ledger technology (DLT) yielded positive results.
The working group will pool research into CBDCs.
The chairman of Swiss National Bank said yesterday that he sees bitcoin more as an investment than a currency.
Swiss National Bank president Thomas Jordan says the central bank is in discussions with regulators and other central banks about blockchain.