Category: Crypto Mining

Singapore’s MAS reveals plan to concern ‘reside’ CBDC for wholesale settlement

The Financial Authority of Singapore (MAS) is planning a pilot program the place it might concern a “reside” central financial institution digital foreign money (CBDC) for wholesale interbank settlement subsequent yr, in response to a Nov. 16 assertion. “The primary pilot will contain using ‘reside’ wholesale CBDC to settle retail funds between business banks,” MAS […]

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