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Project Cedar

Singapore and New York regulators collaborate on CBDC interoperability in new study
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22 May, 2023

Singapore and New York regulators collaborate on CBDC interoperability in new study

The experiment aims for "a future digital currency landscape" that enables interoperability of wholesale CBDCs to facilitate cross-border payment, according...
NY Federal Reserve testing CBDCs to improve foreign exchange transactions
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9 November, 2022

NY Federal Reserve testing CBDCs to improve foreign exchange transactions

The exploration is part of Project Cedar, an experiment conducted by the BIS to test the worthiness of wholesale CBDC...
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