New York Fed collaborates with Singapore MAS to explore CBDCs

by Aurelia Butler 11 November 2022, 11:40 99 Views

On Nov. 11, the MAS announced the launch of Project Cedar Phase II x Ubin+. In its framework, NYIC and MAS will leverage wCBDCs as a settlement asset in cross-border cross-currency transactions. The aim is to assess the possible ability of wCBDC to reduce settlement risk.

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Source: Cryptocurrency - investing.com

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New York Fed collaborates with Singapore MAS to explore CBDCs

Senators Urge Congress to Move Forward with Finalizing Crypto Legislation

United gives pilots 5% raises early after contract talks turn rocky

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