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  • Market Cap: $2,410,454,655,501.39
  • 24h Vol: $53,106,111,838.43
  • BTC Dominance: 56.58%

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giesecke+devrient:-ghana-cbdc-nullifies-the-need-for-multiple-intermediaries-in-cross-border-payments

Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments

Leave a Comment / Africa, Bitcoin, CBDC, central bank digital currency, Cross Border Payment, Crypto Hacked, Cryptocurrency, Digital Currency, e-cedi, Ethereum, Foreign exchange / / / , , , , , ,

The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central bank digital currency enables cross-border payments, excluding many intermediaries and associated costs. Giesecke+Devrient (G+D) stated that the proof of concept (POC) demonstrated the effectiveness of utilizing digital credentials for international trade and cross-border […]

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ghana-central-bank-partners-with-singapore-regulator-to-demonstrate-use-of-digital-credentials-in-global-trade

Ghana Central Bank Partners With Singapore Regulator to Demonstrate Use of Digital Credentials in Global Trade

Leave a Comment / Africa, Bitcoin, CBDC, central bank digital currency, Crypto Hacked, Cryptocurrency, Digital Currencies, e-cedi, Ethereum / / / , , , ,

The Ghanaian central bank recently collaborated with the Monetary Authority of Singapore (MAS) to demonstrate the use of digital credentials in international trade. The second phase of Project DESFT culminated in the execution of cross-border trade between the West African nation and Singapore in April 2024. Ghana’s CBDC to Streamline Cross-Border Trade The Bank of

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