France, Singapore and Switzerland test cross-border CBDCs

by Aurelia Butler 28 September 2023, 10:40 99 Views

The so-called Project Mariana was developed by the Banque de France, the Monetary Authority of Singapore and the Swiss National Bank under the aegis of the BIS. It has tested the cross-border trading and settlement of hypothetical euro, Singapore dollar and Swiss franc CBDCs between simulated financial institutions using decentralized finance (DeFi) technology concepts on a public blockchain.

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Source: Cryptocurrency - investing.com

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France, Singapore and Switzerland test cross-border CBDCs

Bitcoin block space sees rise in ordinal inscriptions, miners face potential income stress

Ethereum futures ETFs may debut in U.S. next week, despite looming government shutdown

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