CBDC | Global CBDC Platform, mBridge, Plans to Launch a Minimum Viable Project in 2024

China-led global CBDC platform, mBridge, intends to introduce a minimum viable project in the middle of 2024 as the next step for the blockchain-based cross-border payments solution. The initiative was founded by the central banks of Thailand, Hong Kong, China, and the United Arab Emirates, and it operates under the umbrella of the Hong Kong BIS Innovation Hub. Participants include International Monetary Fund, World Bank, and 23 central banks from across the world. Among these institutions are African institutions: Bank … Continue reading CBDC | Global CBDC Platform, mBridge, Plans to Launch a Minimum Viable Project in 2024