mBridge

1 min read

BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’

6 months ago bitnews

The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several...

1 min read

BIS Considers Ending Mbridge Project Over BRICS Connections, but Is It Too Late?

6 months ago bitnews

While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached...

1 min read

Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar

7 months ago bitnews

The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank...

1 min read

A total of 134 countries explore central bank digital currencies – study

8 months ago bitnews

A recent report has shown that a total of 134 countries including BRICS states or 98% of the global economy...

1 min read

Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge

11 months ago bitnews

Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using...

1 min read

Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge

11 months ago bitnews

Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using...

1 min read

Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC

11 months ago bitnews

The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs,...