Australia, Malaysia, Singapore, South Africa to Trial CBDCs for Cross-Border Payments

Australia, Malaysia, Singapore, South Africa to Trial CBDCs for Cross-Border PaymentsThe Bank of International Settlements (BIS) is collaborating with apex banks in Australia, Malaysia, Singapore, and South Africa to trial central bank digital currencies (CBDCs) for cross-border payments and remittances, according to a Coindesk report on September 2, 2021. CBDCs for Cross Border Payments The Bank of International Settlements (BIS) is joining forces with the

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Source and More information: BIS, Four Central Banks Launching Joint CBDCs

Author: BTCManager.com