So much for financial privacy as one of their main value propositiom for investors.
Swiss National Bank launches pilot project with CBDC for financial institutions
The pilot with real Swiss franc wholesale CBDC is scheduled to run from December 2023 to June 2024. The participating banks are Banque Cantonale Vaudoise, Basler Kantonalbank, Commerzbank, Hypothekarbank Lenzburg, UBS and Zürcher Kantonalbank.
https://www.snb.ch/en/publications/communication/press-releases/2023/pre_20231102
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