Singapore develops multi-currency blockchain network

Prototype developed in tandem with JP Morgan and Temasek enables payments to be carried out in different currencies


Payments in different currencies across the same blockchain network are now possible following the latest development in the Monetary Authority of Singapore’s fintech project.

In a statement published on November 11, the central bank announced it has developed a successful prototype platform in collaboration with JP Morgan and Temasek.

The prototype, the central bank says, will have the potential to streamline costs for business. “The payments network will provide interfaces for other

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: