Canada and Singapore Test Central Bank-backed Cryptos for Cross-Border Payments

Coinspeaker Canada and Singapore Test Central Bank-backed Cryptos for Cross-Border Payments

The Bank of Canada and the Monetary Authority of Singapore (MAS) have reported they have successfully conducted digital currency transfers with the usage of blockchain technology. In this pilot test, central bank-backed crypto assets were used to clear cross-border and cross-currency payments.

Original source
https://www.coinspeaker.com/canada-singapore-bank-cryptos/

Add comment

Please Sign in to be able to leave comments.