The Monetary Authority of Singapore and the People’s Bank of China are launching a pilot program to allow travelers from the two countries to use dig
On December 8th, the Monetary Authority of Singapore (MAS) announced new digital finance and capital market initiatives, including a cross-border digital RMB pilot between China and Singapore to expand financial cooperation with China.
Following the signing of a memorandum of understanding (MOU) on digital finance cooperation between the Monetary Authority of Singapore and the Digital Currency Research Institute of the People's Bank of China in 2020, the Monetary Authority of Singapore and the People's Bank of China are conducting a pilot that allows tourists from both countries to use digital RMB for tourism consumption in Singapore and China.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum ETFs surge in December as inflows hit $1.66 billion, dominated by BlackRock's ETHA
The current ETH ETF landscape shows a concentrated market structure.The following is an excerpt from The Block’s Data and Insights newsletter.
Giant Company Announces It Will Convert Some of Its Treasury Assets into These Three Cryptocurrencies
A technology company has announced that it will convert a significant portion of its cash reserves into cryptocurrencies.
Japanese Investment Company Metaplanet Does Not Listen to the Drop! Raised $60 Million to Buy Bitcoin! Here Are the Details
Japanese investment firm Metaplanet raised 9.5 billion yen through two bond issues this week to accelerate its Bitcoin buying strategy.
Famous CEO Announced: "Trump Invests Heavily in These Two Surprise Altcoins Apart from Bitcoin, ETF Approval May Come!"
Mark Yusko said that Donald Trump has invested heavily in Bitcoin, HBAR, and XRP.
Trending news
MoreCrypto prices
More
