Central bank digital currencies such as that being piloted by Beijing could be circulated outside their home countries and converted into foreign currencies via a card clearing network acting as the conversion agent, according to Mastercard.The card payments giant is in talks with multiple central banks across the world, including the People’s Bank of China (PBOC), to enable cross-border use of their respective digital currencies, said Ling Hai, co-president for Asia-Pacific in an interview…



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