China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies

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China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital CurrenciesThe monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of the pilot project with the participation of the Bank for International Settlements. Asian Central Banks Pilot Real-Value International Settlements With Digital […]

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