Monetary Authority of Singapore blockchain-based prototype for FX payments

Author: Eamonn Sheridan | Category: Central Banks

The MAS worked in collaboration with J.P. Morgan and Temasek

  • on development of a blockchain-based prototype that enables payments to be carried out in different currencies on the same network
  • currently undergoing industry testing to determine its ability to integrate with commercial blockchain applications
Via a information release from the Monetary Authority of Singapore dated today.

Should be a BTC positive ...

The MAS worked in collaboration with J.P. Morgan andTemasek


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