The Bank for International Settlements' Innovation Hub (BISIH) Swiss Centre, the Swiss National Bank (SNB) and the financial infrastructure operator SIX today announced the successful completion of a joint proof-of-concept experiment that integrates tokenised digital assets and central bank money. Project Helvetia explored the technological and legal feasibility of transferring digital assets through: issuing a wholesale CBDC onto a distributed digital asset platform; and linking the digital asset platform to the existing wholesale payment system. The initiative demonstrated the feasibility and legal robustness of ... (full story)