Connecting economies through #CBDC: A joint project of the Bank for International Settlements – BIS with the Hong Kong Monetary Authority (HKMA), Bank of Thailand, the Digital Currency Institute of the The People's Bank of China and the Central Bank of The UAE, Project mBridge reached an important milestone, carrying out a pilot scheme involving real-value #CBDC transactions.

During the pilot, 20 banks in Hong Kong SAR, Thailand, China and the United Arab Emirates used the mBridge platform to conduct 164 payment and foreign exchange transactions totalling over $22 million. Read the project's full report: https://bit.ly/3TKGQ0q On Nov 1, join the BIS Innovation Hub Hong Kong team to present the results of mBridge during the Hong Kong Fintech Week #HKFTW2022.