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UK, Singapore, and Thailand central banks complete foreign exchange settlement trial linking traditional and tokenized systems

By Brian Danga

Three central banks published findings from a cross-border FX settlement trial using Partior's synchronization prototype.

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Central bank

The public institution that manages a country's currency, money supply and benchmark interest rate, such as the Federal Reserve or the Reserve Bank of India.

Its decisions on rates and money supply move loan costs, currencies and markets for everyone in the economy.

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