Coin Bureau|Sep 20, 2026 05:22
⚡️JUST IN: Saudi Arabia has WITHDRAWN from mBridge, the China-led blockchain-powered digital currency platform, per the FT.
mBridge was suppose to allow central banks make cross-border payments using their digital currencies, potentially reducing reliance on dollar-based payment routes.
Riyadh says it completed a planned trial in May 2025 and then left.
A person familiar with the decision cautioned against reading a wider political motive into the exit.
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