Macau has successfully integrated with the multi-central bank digital currency bridge (mBridge) system, enhancing its cross-border payment capabilities. The Monetary Authority of Macao announced the completion of this integration, which officially launched local banks' transactions on June 2. This development aims to provide an efficient, secure, and low-cost channel for cross-border payments and settlements.
Macau Launches Cross-Border Payments via mBridge CBDC System
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