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MAS launches global challenge for retail CBDC solutions

The Monetary Authority of Singapore (MAS) has announced the launch of a global challenge for retail Central Bank Digital Currency (CBDC) solutions. The “Global CBDC Challenge” seeks innovative retail CBDC solutions to enhance payment efficiencies and promote financial inclusion. Fintech companies, financial institutions and solution providers around the world are invited to submit innovative solutions that can address 12 problem statements…

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