Hong Kong, China, Thailand and UAE explore new uses of ‘mBridge’ digital currency project, including securities settlement

Source: Tech – South China Morning PostA multi-country central bank digital currency project involving mainland China, Hong Kong, Thailand and the United Arab Emirates is looking at various options to expand its use, including capital market transactions, which could cut the settlement time for securities traded between them to a matter of seconds, top officials said.The possible uses for the “mBridge” digital currency platform is being expanded to 15, which now involves 22 private sector participants, top central bank officials…Read More

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