Macau completes integration with the multi-central bank digital currency bridge mBridge system, building an efficient, secure, and low-cost cross-border payment and settlement channel.
According to ChainCatcher, citing Beijing Business Daily, the Monetary Authority of Macao has announced that Macao has completed integration with the multilateral central bank digital currency bridge project mBridge, and on June 2 officially launched “on-bridge” transactions for local banks to build an efficient, secure, and low-cost cross-border payment and settlement channel.
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