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The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have successfully tested cross-border wholesale CBDCs.
partnership, CBDC, cross-border payments, banks, financial institutions, FX , wholesale banking, blockchain, payments infrastructure, tokenization, digital currency
The Monetary Authority of Singapore (MAS) has launched an international initiative, Ubin+, to advance cross-border foreign exchange (FX) using wholesale CBDC.
partnership, cryptocurrency, cryptocurrency exchange, CBDC, FX , blockchain, wholesale banking, digital currency
ANEXT Bank, a digital wholesale bank based in Singapore and a wholly owned subsidiary of Ant Group, has announced its soft launch.
online banking, digital banking, product launch, SME lending, wholesale banking