marketNovember 13, 2026
Three central banks test compatibility of conventional and tokenized settlements
The Bank of England, the Monetary Authority of Singapore (MAS) and the Bank of Thailand tested synchronization of currency settlements between traditional payment infrastructure and tokenized money platforms. The experiment was called Project Meridian FX APAC.
According to the regulators, the test was successful. It showed that such operations do not require moving all payments into a single ledger.
For someone who holds or exchanges cryptocurrency, this means that compatibility between conventional settlements and tokenized money is being tested at the central bank level, without requiring all operations to be moved into one system.