Saudi Central Bank Fully Engaged in BIS' CBDC Project mBridge

Thursday, 6 June 2024, 21:59
Saudi Arabia's significant step as the Saudi Central Bank becomes actively involved in the BIS' CBDC Project mBridge alongside other major central banks such as China, Thailand, Hong Kong, and the UAE. This participation underscores the country's commitment to exploring and shaping the future of digital currency initiatives on a global scale.
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Saudi Central Bank Fully Engaged in BIS' CBDC Project mBridge

Saudi Central Bank Joins BIS' CBDC Project mBridge

The Saudi Central Bank has recently announced its full participation in the Bank for International Settlements' CBDC Project mBridge, aligning with major central banks like China, Thailand, Hong Kong, and the UAE. This collaboration signifies a significant milestone in the exploration and development of digital currency technologies.

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