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Experimental multi-CBDC platform for international settlements

March 23, 2022March 23, 2022 CIO Tech Team

This has the potential to reduce reliance on intermediaries. The Bank for International Settlements (BIS) Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, the Monetary Authority of Singapore, and the South African Reserve Bank today announced the completion of prototypes for a common platform enabling international settlements using…

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