DeFi Intel

Macau goes live on mBridge cross border CBDC platform

On Tuesday Macau officially went live on mBridge, the DLT-based cross border payment system that uses central bank digital currencies (CBDCs).

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Macau's connection — through 11 local banks — makes it the sixth jurisdiction on the CBDC platform founded by the BIS Innovation Hub with China, Hong Kong, Thailand and the UAE before the BIS withdrew.

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