SWIFT Plans to Launch CBDC Interconnection System in Next Two Years
SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a…
Browsing Tag
mBridge
17 posts
Russia BRICS Bridge eyed for cross-border payments with China, Gulf countries
The proposed BRICS Bridge system draws inspiration from the BIS-backed mBridge platform, with China and the United Arab…
UAE records first digital dirham transaction via mBridge CBDC
The Central Bank of the United Arab Emirates initiated a 50 million dirham ($13.6 million) transfer to China…
BIS releases details for widely anticipated Project mBridge ahead of MVP
Project mBridge is inching forward to launching an MVP in 2024, and to achieve this, the Bank for…
Hong Kong CBDC Advances to Phase 2 after Successful First Phase
Coinspeaker Hong Kong CBDC Advances to Phase 2 after Successful First Phase Hong Kong’s central bank digital currency…
China integrates new blockchain consensus protocol into mBridge cross-border CBDC project
mBridge previously relied on a customized network developed by four central banks, but it’s now deployed on the…
A SWIFT Shakeup: Yuan Dethrones Euro as Runner-Up in Trade Finance Markets
The latest report published by the Society for Worldwide Interbank Financial Telecommunications (SWIFT) has revealed that the Chinese…
mBridge Changes to New Consensus Protocol Using Ethereum (ETH) to Challenge SWIFT – When Will They Switch to Ripple and XRP?
The mBridge project for cross-border CBDC payments is changing the Consensus protocol to the new Chinese blockchain consensus…
mBridge oparty na Ethereum wyzwał SWIFT: czy Ripple jest kolejnym celem?
mBridge ma na celu ułatwienie transgranicznych transakcji CBDC przy użyciu walut cyfrowych Tajlandii, Hongkongu, Chin i Zjednoczonych Emiratów…
Hongkong’s eHKD still in progress, while mBridge to launch by mid-2024
Initial experiments with e-HKD have shown promise, but they are still conducting trials to explore a handful of…