Swiss National Bank and SIX Stock Exchange have undertaken research to make digital currency available for trading and payments among financial market participants.

As SIX noted, the process of buying and selling assets based on digital database technology has the potential to reduce risks and provide new economic opportunities.

This initiative is part of the Bank for International Settlements program to create an innovative financial technology center that is being implemented in collaboration with the central bank of Switzerland.

Other centers are located in Hong Kong and Singapore.