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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
The Bank of Thailand (BOT) has announced plans following a recent study to begin testing a Retail Central Bank Digital Currency (Retail CBDC) in the second quarter of 2022.
CBDC, retail banking, wholesale banking, central bank
Qatar’s Commercial Bank has participated in the Blockchain Open Account Trade Finance Trial on the Marco Polo platform, built on the R3 Corda Network.
Marco Polo, Commercial Bank, Qatar Commercial Bank, wholesale banking, trade finance, risk mitigation, Corda, R3, distributed ledger technology, blockchain