Central banks in Australia, South Africa, Malaysia and Singapore to launch cenbank digital currency scheme with central financial institution digital currencies (CBDC). These are digital types of current currencies that provide shared platforms for cross-border transactions with a number of CBDCs.
Read the original article here: https://www.reuters.com/business/finance/australia-singapore-south-africa-test-cross-border-cbank-digital-payments-2021-09-02/