mBridge

mBridge members China, Thailand sign local currency agreement as they look to improve cross-border trade
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30 May, 2024

mBridge members China, Thailand sign local currency agreement as they look to improve cross-border trade

The framework is expected to allow China and Thailand to carry out international trade in the Chinese yuan or the...
Russia BRICS Bridge eyed for cross-border payments with China, Gulf countries
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3 March, 2024

Russia BRICS Bridge eyed for cross-border payments with China, Gulf countries

The proposed BRICS Bridge system draws inspiration from the BIS-backed mBridge platform, with China and the United Arab Emirates already...
UAE records first digital dirham transaction via mBridge CBDC
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4 February, 2024

UAE records first digital dirham transaction via mBridge CBDC

The Central Bank of the United Arab Emirates initiated a 50 million dirham ($13.6 million) transfer to China at the...
BIS releases details for widely anticipated Project mBridge ahead of MVP
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5 November, 2023

BIS releases details for widely anticipated Project mBridge ahead of MVP

Project mBridge is inching forward to launching an MVP in 2024, and to achieve this, the Bank for International Settlements...
China integrates new blockchain consensus protocol into mBridge cross-border CBDC project
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21 October, 2023

China integrates new blockchain consensus protocol into mBridge cross-border CBDC project

mBridge previously relied on a customized network developed by four central banks, but it’s now deployed on the Dashing Protocol...
Hongkong’s eHKD still in progress, while mBridge to launch by mid-2024
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13 October, 2023

Hongkong’s eHKD still in progress, while mBridge to launch by mid-2024

Initial experiments with e-HKD have shown promise, but they are still conducting trials to explore a handful of use cases,...