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JPMorgan, Monetary Authority of Singapore to Build Multi-Currency Cross-Border Paymen

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JPMorgan, Monetary Authority of Singapore to Build Multi-Currency Cross-Border Payment on Blockchain

Singapore’s central bank and financial regulatory authority, the Monetary Authority of Singapore (MAS) along with state-owned enterprise Temasek Holdings, and the largest bank in the US, JPMorgan Chase are working to develop a prototype based on blockchain that will allow payments in multiple currencies on the same network, reported Business Times.

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Great news
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