Project Cedar

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Project Cedar

Policy

NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test

The report is part of the Fed and MAS's ongoing joint Project Cedar/Project Ubin research.

By Nikhilesh DeMay 19, 2023

The U.S. Federal Reserve is taking a more cautious approach towards CBDCs than in many other countries, including China.
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