China’s PBOC Joins Cross-Border Digital Currency Project With Other Central Banks
By Arjun Kharpal
February 24, 2021, CNBC
Central banks from China, Thailand, United Arab Emirates and Hong Kong are exploring a digital currency cross-border payment project together.
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) worked together to study the application of central bank digital currencies (CBDC) last year.
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