Deutsche Bundesbank joins Project Guardian
Germany joins France, Japan, Switzerland and UK in MAS tokenisation initiative
The Deutsche Bundesbank on November 8 joined the Singaporean central bank’s asset tokenisation programme, Project Guardian.
Burkhard Balz, a member of the Bundesbank’s executive board, said the Monetary Authority of Singapore (MAS) was working on “innovative topics” that were relevant to Germany and its other European counterparts. These topics, he said, largely revolve around the use of distributed ledger technologies, such as blockchain, and their use in the financial sector. As such, the
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