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MAS announces finalists of global Central Bank Digital Currency challenge

The Monetary Authority of Singapore (MAS) on Monday announced the 15 finalists of its Global CBDC Challenge, a competition to develop retail Central Bank Digital Currency solutions. Launched in June this year, the Global CBDC Challenge attracted over 300 submissions from more than 50 countries, with more than half of the submissions coming from Asia. The finalists — financial institutions,…

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