Blockchain
BoE and Asian Central Banks Test Linked FX Settlement
Publication: The Defiant
Author: The Defiant Team
Source published: 13/11/2026, 09:37:34 UTC
Briefing created: 13/11/2026, 09:43:16 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 13/11/2026, 09:42:24 UTC.
Briefings
The Bank of England and Asian central banks conducted a simulated test of linked foreign exchange settlement systems using Project Meridian, a framework combining traditional and tokenized technologies. This simulation occurred in November 2026 without involving live market participants or production operating conditions, meaning the test environment was isolated from real-world trading dynamics.
Key points
- Project Meridian FX APAC successfully integrated traditional and tokenized settlement systems for testing purposes.
- The November 2026 simulation involved no live participants, ensuring the test environment remained isolated from real-world trading conditions.
Context
The Bank of England and Asian central banks are testing linked foreign exchange settlement systems to improve cross-border financial stability. This initiative aims to enhance the resilience of the global financial system against potential disruptions.
Limitations
The evidence is limited to a simulated test environment with no live participants or production conditions. The specific outcomes of the simulation are not reported, and the impact on real markets remains unverified.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 13/11/2026, 09:43:16 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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