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Monetary Authority of Singapore Completes Phase 1 of CBDC Project, With More Trials to Come

The first part of the project found there was no urgent need for a retail CDBC, although the bank said it wanted to be prepared in case that changes.

Singapore is continuing to look into a CBDC. (Swapnil Bapat/Unsplash)
Singapore is continuing to look into a CBDC. (Swapnil Bapat/Unsplash)