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mBridge

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,...
mBridge CBDC project to onboard new participants as it moves closer to MVP launch
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28 September, 2023

mBridge CBDC project to onboard new participants as it moves closer to MVP launch

Cross-border CBDC project mBridge progresses with minimum viable product launch plans, expanding participation to Southeast Asian central banks, while U.S....
UAE’s digital dirham rollout includes mBridge soft launch for cross-border transactions
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29 March, 2023

UAE’s digital dirham rollout includes mBridge soft launch for cross-border transactions

The Central Bank of the United Arab Emirates (CBUAE) is forging ahead with the development of its central bank digital...
UAE central bank completes CBDC pilot, eyes international usage for cross-border payments
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30 October, 2022

UAE central bank completes CBDC pilot, eyes international usage for cross-border payments

Apart from improving cross-border payments, CBUAE’s governor noted that the pilot was also targeted at enhancing the local financial sector...
Shenzhen leads China in terms of cross-border CBDC usage: report
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15 October, 2022

Shenzhen leads China in terms of cross-border CBDC usage: report

Shenzhen-based companies single-handedly accounted for $7.3 million in transaction volumes out of the $22 million made by the four participating...
Sweden central bank partners with Israel, BIS on ‘Project Icebreaker’ CBDC test
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7 October, 2022

Sweden central bank partners with Israel, BIS on ‘Project Icebreaker’ CBDC test

Sveriges Riksbank is also partnering with Norway in Project Icebreaker to test the viability of CBDCs in international retail and...
Bank of International Settlement wraps up mBridge cross-border CBDC pilot
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2 October, 2022

Bank of International Settlement wraps up mBridge cross-border CBDC pilot

A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...
BIS: Innovation Hub’s experiments show CBDCs are the future of cross-border payments
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27 June, 2022

BIS: Innovation Hub’s experiments show CBDCs are the future of cross-border payments

In a research report, the BISIH highlighted results achieved from four recent cross-border multiple CBDC platform pilot projects the BIS...
BIS: CBDCs can slash the cost of cross-border remittances by 50%
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4 October, 2021

BIS: CBDCs can slash the cost of cross-border remittances by 50%

The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE,...