PBOC joins Hong Kong, Thailand, UAE in cross-border digital currency project

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

The digital currency research institute of the People’s Bank of China (PBOC) has joined an international research project for cross-border payments using central bank digital currencies (CBDCs), according to a statement by the Hong Kong Monetary Authority (HKMA) on Tuesday, which jointly initiated the program with the Bank of Thailand in 2019.

The PBOC Digital Currency Institute, which is in charge of minting the country’s sovereign digital currency, is joining the Multiple Central Bank Digital Currency Bridge, a cross-border payments project. The UAE’s central bank joined the project at the same time . . .

Sign In or Subscribe To Get Full Access.

KNOW IT NOW, NOT LATER.

We Are Live On THE WIRE Every Trading Day. Don't Miss Out. See Samples

Try For Free

Users' reviews

Mike379 💬

"I appreciate the site because it contains all the news necessary to follow China market. With the comprehensive coverage and live updates, I no longer need to scour multiple sources. It's saved me so much time and hassle."

D. Alonso 💬

"I've been using this platform for a while now, and one thing that impresses me is regulatory updates, on both national and regional levels, which is hard to find in other sources. This kind of information really helps me get a comprehensive and deeper understanding of what's happening on the ground."

CJ 💬

"I used to rely on more general mainstream sources for China market information, but I found their coverage was often too broad and random, lacking critical details and local context. Yuan Talks' more focused and systematic approach has changed the way I stay informed. If you're serious about navigating the China market, this platform is highly recommended."

Osterman 💬

"The platform has made tracking China market incredibly easy. I can quickly access all the information I need and effortlessly navigate through the platform to stay updated on the latest developments in the Chinese market."

J. Lee 💬

"Very comprehensive website about China, realtime news, professional views, industry data etc. Perfect place to go if you need to monitor China market."

They work with us