The Bank of France and the Swiss National Bank are starting a joint cross-border central bank digital currency (CBDC) experiment dubbed “Project Jura.” In an announcement Thursday, the Swiss National Bank said it will work with the Bank for International Settlements (BIS) Innovation Hub and a “private sector consortium” led by Accenture, to experiment with wholesale CBDCs for cross border settlement. The private sector consortium of companies includes the Swiss investment bank Credit Suisse, Natixis, R3, SIX Digital Exchange, and UBS. The Swiss National Bank said it has already been investigating tokenized assets ... (full story)