{"id":"tp-6849","type":"article-newspaper","title":"Asian banks band together for a blockchain-based CBDC project to speed up cross-border transactions","author":"Mark Jason Alcala","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/technology/6849","datePublished":"2021-02-24T06:43:58.000Z","dateModified":"2021-02-24T06:43:58.000Z","language":"en","abstract":"The CBDC project aims to explore blockchain technology’s potential to address common issues in the existing international cross-border settlement system such as high cost, complexities in regulatory compliance, and in…","section":"Regulation","references":[{"title":"Cointelegraph","url":"https://cointelegraph.com/news/major-asian-banks-unite-to-form-multiple-cbdc-pact-on-blockchain"},{"title":"joint announcement","url":"https://www.info.gov.hk/gia/general/202102/23/P2021022300482.htm"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}