Tag: central banks
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Jordan and Iraq central banks sign cooperation agreement
Jordan and Iraq Central Banks Sign Cooperation Agreement The central banks of Jordan and Iraq have signed a historic cooperation agreement aimed at strengthening economic ties and fostering financial stability between the two nations. The signing of this agreement marks a significant step forward in the bilateral relations of both countries and opens up new…
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BIS and three central banks test cross-border wholesale CBDCs
BIS and Three Central Banks Test Cross-Border Wholesale CBDCs Introduction The Bank for International Settlements (BIS) recently announced its collaboration with three central banks in testing cross-border wholesale central bank digital currencies (CBDCs). This signifies an important step towards leveraging the potential of blockchain and distributed ledger technologies in the global financial landscape.…
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Swift starts testing interlinking CBDC solutions with three central banks
In an effort to drive innovation and enhance interoperability within the world of Central Bank Digital Currencies (CBDCs), Swift has announced its collaboration with three central banks to test interlinking CBDC solutions. This move signifies a significant step forward in the adoption and implementation of digital currencies in the global financial landscape. The Importance of…