The cross-border central bank digital currency (CBDC) platform mBridge, led by China, has reportedly exceeded $55 billion in transaction volume. This development highlights the growing adoption and integration of CBDCs in international trade and finance.
In other news, Moldova plans to introduce cryptocurrency regulations similar to the EU's MiCA by 2026, allowing legal holding and trading of cryptocurrencies but prohibiting their use for payments. Meanwhile, the Fear and Greed Index has risen to 50, with Bitcoin, Ethereum, and Solana seeing gains of 9%, 11%, and 16% respectively since January 1.
Cross-Border CBDC Platform mBridge Surpasses $55 Billion in Transactions
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