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Bank of Communications debuts mBridge to boost cross-border digital finance in Macao

The Bank of Communications' Macao branch on Tuesday completed two mBridge transactions: a cross-border remittance in digital pataca, or e-MOP, for Macao Industrial Ltd, and a 500-million-yuan ($73.8 million) cross-border collection in digital yuan for Far East Horizon Ltd. The transactions mark a breakthrough in the application of mBridge in Macao.

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scmp.com

caixinglobal.com

global.chinadaily.com.cn

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global.chinadaily.com.cnStai leggendo3 mesi fa

Bank of Communications debuts mBridge to boost cross-border digital finance in Macao

originale

scmp.com3 mesi fa

Macau taps into Project mBridge digital currency platform

Macau's 11 banks joined Project mBridge enabling CBDC settlement with China, Hong Kong, Thailand, UAE, Saudi Arabia. This advances Beijing's de-dollarization strategy, creating non-dollar payment networks that reshape enterprise treasury and fintech decisions.

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Timeline cronologica

martedì 2 giugno 2026·scmp.com
Macau taps into Project mBridge digital currency platform
Project mBridge is seen as part of Beijing’s push to establish alternatives to traditional, US-dollar-centric payment networks.
martedì 2 giugno 2026·caixinglobal.com
Macao Joins $56 Billion Central Bank Digital Currency Platform mBridge
Eleven local banks begin trading on the blockchain-based platform as the Digital Macao Pataca enters sandbox testing

Bank of Communications debuts mBridge to boost cross-border digital finance in Macao

Macau taps into Project mBridge digital currency platform

Timeline cronologica

Macau taps into Project mBridge digital currency platform

Macao Joins $56 Billion Central Bank Digital Currency Platform mBridge

Macao Joins $56 Billion Central Bank Digital Currency Platform mBridge

Bank of Communications debuts mBridge to boost cross-border digital finance in Macao