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Singapore, France, Switzerland successfully test cross-border wholesale digital currency

Singapore, September 29 (ANI): The central banks of Singapore, France and Switzerland in collaboration with the Bank for International Settlements (BIS) have successfully concluded a project where they tested the cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs).
The cross-border project was done using new decentralised finance technology concepts on a public blockchain.
The project