Coin Bureau(@coinbureau):⚡️JUST IN: Saudi Arabia has WITHDRAWN from mBridge, the China-led blockchain-powered digital currency platform, per the FT. mBridge was supposed to enable 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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Coin Bureau@coinbureau

2026.09.20 05:25

⚡️JUST IN: Saudi Arabia has WITHDRAWN from mBridge, the China-led blockchain-powered digital currency platform, per the FT. mBridge was supposed to enable 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.