The RBI and CBUAE will conduct PoC and pilots on a bilateral bridge to facilitate cross-border CBDC transactions.
March 17, 2023The mBridge project team will continue working to get to a minimum viable product that can be used by early adopters next year.
October 27, 2022The month-long testing phase facilitated more than 160 transfers and FX exchanges worth USD 22 million on the mBridge Ledger.
September 29, 2022The next phase of retail CBDC testing will involve Bank of Ayudhya, Siam Commercial Bank, payments provider 2C2P, and technology from Giesecke+Devrient.
August 8, 2022HKMA's Eddie Yue said the combined power of the three infrastructures will pave the way for digitalising cross-border trade across APAC.
January 28, 2022The second phase of the ongoing CBDC trails between the Mainland and Hong Kong will involve connecting e-CNY wallets to Hong Kong’s FPS.
December 22, 2021Central banks will cooperate on cross-border payments, fintech, and AML. Financial services regulators will cooperate on developing the Islamic finance industry.
November 12, 2021The mBridge project team has collaborated with private sector participants to identify 15 potential business use cases that are now being tested.
November 7, 2021The prototype platform was able to complete international transfers and foreign exchange operations in seconds while also lowering the cost of cross-border operations.
September 29, 2021The BOT found that DLT increases efficiency for B2B payments, despite limitations in supporting large transaction volumes and preserving transaction privacy.
March 12, 2021