Central banks complete first blockchain currency swap


The Monetary Authority of Singapore and the Bank of Canada announced that they completed the first international cross-currency payment with digital currencies between central banks today (May 2).

The central banks successfully connected their experimental national payment networks, both based on different distributed ledger technology (DLT) platforms. The Bank of Canada’s Project Jasper and MAS’s Project Ubin transferred $105 Singapore dollars between a bank in Singapore and in Canada. The

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: