Australia, Malaysia, Singapore and South Africa launch cenbank digital currency scheme

Australia, Malaysia, Singapore and South Africa launch cenbank digital currency scheme

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/fintech-cbdc/australia-malaysia-singapore-and-south-africa-launch-cenbank-digital-currency-scheme-idUSKBN2FY098

HONG KONG (Reuters) -Central banks in Australia, Singapore, Malaysia and South Africa will conduct a cross border payments trial using different central bank digital currencies (CBDC) to assess if this allows transactions to be settled more cheaply and easily, the banks said on Thursday.

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