The Federal Reserve Bank of New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) have published a research report detailing the results of the joint Project Cedar Phase II x Ubin+ (Cedar x Ubin+) experiment. The Cedar x Ubin+ experiment examined whether distributed ledger technology (DLT) could be used to improve the efficiency of cross-border … Continue reading NYIC- MAS publish results of cross-border payments research study