mbridge Archives - Citizen Watch Report

Project mBridge to Continue Exploring Multi- Central Bank Digital Currency (CBDC) Platform

June 20, 2024 10:35 am

via crowdfundinsider: Project mBridge continues its development and has reached the minimum viable product (MVP) stage, while broadening its international reach. The project aims to explore a multi-central bank digital currency (CBDC) platform “shared among participating central banks and commercial …

BIS Asks Banks to Join China-Backed Digital Cash-Sending Project…Saudi Arabia joins mBridge as full participant

June 18, 2024 10:57 am

Saudi Arabia has recently become a “full participant” in Project mBridge, a cross-border trial for central bank digital currencies (CBDCs) led by China. This collaboration, initiated in 2021, includes the central banks of China, Hong Kong, Thailand, and the United …