Going digital: A pedestrian walks past the People’s Bank of China headquarters at night in Beijing. Its digital currency institute is now one of the co-founders of the project named Multiple Central Band Digital Currency Bridge to explore the use of central bank digital currencies in several cross-border scenarios. ─ Bloomberg
BEIJING: China has joined a multilateral central bank digital currency project in Asia for real-time cross-border transactions like cross-border fund transfers, international trade settlements and capital market transactions, amid renewed global efforts to promote the use of digitalised legal tenders.
The People’s Bank of China (PBoC), the central bank, said in a statement posted on its website that its digital currency institute is now one of the co-founders of the project named “Multiple Central Band Digital Currency Bridge”, or “m-CBDC Bridge”. The other three founders are the Hong Kong Monetary Authority (HKMA), the Bank of Thailand (BoT) an
山西移动与华为、鑫岩煤矿联合发布5GtoB公网专用风筝方案_物联网新闻_新闻中心_RFID世界网 rfidworld.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rfidworld.com.cn Daily Mail and Mail on Sunday newspapers.
China has joined a multilateral central bank digital currency project in Asia for real-time cross-border transactions like cross-border fund transfers, international trade settlements and capital market transactions, amid renewed global efforts to promote the use of digitalised legal tenders.
Asian digital currency gets PBOC support ecns.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecns.cn Daily Mail and Mail on Sunday newspapers.
Asian digital currency gets PBOC support chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.