Central banks of Australia, Singapore, South Africa and Malaysia will attempt to make cross-border payments with different central bank digital currencies (CBDC) in an effort to determine if international transactions can be made cheaper. Bank for International Settlements (BIS) announced: “The Bank for International Settlements Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, […] The post Australia, Malaysia, Singapore, And South Africa To Test Cross Border Central Bank Digital Currencies (CBDs) appeared first on The Crypto Basic.

Australia, Malaysia, Singapore, And South Africa To Test Cross Border Central Bank Digital Currencies (CBDs)