France, Singapore, and Switzerland Pioneeer Cross-Border CBDC Exchange

On September 28, central banks from France, Singapore, and Switzerland, in collaboration with the Bank for International Settlements (BIS), successfully trialed the cross-border trading of wholesale central bank digital currencies (wCBDCs). Besides showcasing the potential of decentralized financial technologies, the trial also sheds light on the future of interbank foreign exchange in a world steadily

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