the-new-york-fed-and-singapore’s-mas-join-resources-to-research-the-advantages-of-wholesale-cbdcs

The New York Fed and Singapore’s MAS join resources to research the advantages of wholesale CBDCs

Together, the Monetary Authority of Singapore (MAS) and the New York Innovation Center of the Federal Reserve Bank of New York announced their plans to collaborate in evaluating the effectiveness of wholesale central bank digital currencies (wCBDCs). The goal of…