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BoE and Asian central banks test linked FX settlement in tokenised trial

AI summary

The Bank of England and several Asian central banks tested linked foreign-exchange settlement through Project Meridian FX APAC, connecting traditional and tokenised test systems. The trial did not involve live participants or production operating conditions, so it remains an early-stage experiment. Traders would care only if such tokenised settlement infrastructure eventually reaches production, which this test does not establish.

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1 linked story · 2 outlets · since 13 Nov
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    BoE and Asian central banks test linked FX settlement in tokenised trial
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