4 Asian countries test international settlements using digital currencies

Four Asian countries have carried out tests using digital currencies for international settlements. The Bank of International Settlements (BIS) participated in the tests, which included foreign exchange transactions and cross-border payments worth over $22 million as part of the pilot project. The four countries that took part in the cross-border payments using state-issued digital currencies trials are China, Hong Kong, Thailand, and the United Arab Emirates, according to Bitcoin.com. The BIS Innovation Hub Hong Kong Centre announced the successful completion of the pilot. The tests...



source: https://tokenpost.com/4-Asian-countries-test-international-settlements-using-digital-currencies-9787

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