In the first pilot, the Monetary Authority of Singapore will use a “live” wholesale CBDC to settle retail payments between commercial banks.
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MAS launches digital money blueprint, plans to develop wholesale CBDC in 2024
In the first pilot, the Monetary Authority of Singapore will use a “live” wholesale CBDC to settle retail payments between commercial banks.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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