KUALA LUMPUR: Bank Negara Malaysia (BNM) is working with ASEAN 5 (Indonesia, Philippines, Singapore, Thailand, and Malaysia) together with the Bank for International Settlements Innovation Hub in Singapore to put in place a multilateral platform for cross-border payment connectivity.
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The Federal Reserve Bank of New York’s New York Innovation Center and the Monetary Authority of Singapore published a research report detailing the results of the joint Project Cedar Phase II x Ubin+ (Cedar x Ubin+) experiment.
The Federal Reserve Bank’s New York Innovation Center and the Monetary Authority of Singapore have published the results of a joint project to improve simulated central bank digital currency transactions.