Macao Joins $56 Billion Central Bank Digital Currency Platform mBridge
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
Macao has become the sixth member of the mBridge central bank digital currency project. Photo: Monetary Authority of Macao
Macao has officially joined the mBridge central bank digital currency project, becoming the sixth member of the multinational cross-border payment platform.
The Monetary Authority of Macao launched trading on the platform for 11 local banks on Tuesday. The city also announced that its own digital currency, the Digital Macao Pataca, has entered sandbox testing for future rollout in public services and retail payments.
You've accessed an article available only to subscribers
VIEW OPTIONS
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Save an extra $50. Introductory offer for new readers. Subscribe now.
- RELATED
Share this article
Open WeChat and scan the QR code
Digest Hub 
- MOST POPULAR
Sign in with Google
Sign in with Facebook
Sign in with 财新