News Snapshot:
BIS: Central Banks Of China And United Arab Emirates Join Digital Currency Project For Cross-Border Payments Date 23/02/2021 The Digital Currency Institute of the People's Bank of China and the Central Bank of the United Arab Emirates join the Multiple CBDC (m-CBDC) Bridge , a cross-border payments project. The m-CBDC Bridge is a co-creation initiative run in partnership with the BIS Innovation Hub, the Hong Kong Monetary Authority and the Bank of Thailand. The project aims to develop a proof-of-concept prototype to facilitate real-time cross-border foreign exchange payments on distributed ledger technology. The Digital Currency Institute (DCI) of the People's...
