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BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’
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BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’

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BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’
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BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’

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Source: Bitcoin.com

BIS Drops Mbridge Project Participation, Argues It Was 'Not Created to Serve the BRICS'The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several countries, due to its potential to help BRICS nations sidestep economic sanctions. BIS Abandons Mbridge Project for Potential BRICS Sanctions-Evading Applications The Bank for International Settlements (BIS) has finally decided to abandon its participation in […]

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Author: Sergio Goschenko

Related posts:

  1. ‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency
  2. Cross Border CBDC Project Mbridge Enters MVP Stage
  3. BIS Considers Ending Mbridge Project Over BRICS Connections, but Is It Too Late?
  4. BIS Report Warns of Rising Public Debt Risks to Global Economies
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