KUALA LUMPUR: Bank Negara Malaysia (BNM) along with three other central banks and The Bank for International Settlements (BIS) Innovation Hub, has completed prototypes for a common platform enabling international settlements using multiple central bank digital currencies (mCBDCs).
Experimental multi-CBDC platform for international settlements debuts it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.
By James Glynn SYDNEY A group of four central banks have teamed up with the Bank for International Settlements to create a prototype platform to support international settlements using. | March 22, 2022
BIS Innovation Hub and Central Banks of Australia, Malaysia, Singapore and South Africa Develop Experimental Multi-CBDC Platform miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
The developers of the project claimed that Project Dunbar illustrated how governance structures can meet important concerns of trust and shared control.