May 10, 2022 9:54 PM
SINGAPORE – Central banks need to figure out how they can safely use central bank digital currencies (CBDCs) for businesses to send money to each other in cross-border payments, Mr Ravi Menon, managing director of the Monetary Authority of Singapore’s (MAS) said at a conference by the International Monetary Fund and Swiss National Bank in Zurich on Thursday (May 10).
