Multi-CBDC arrangement: Difference between revisions
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imported>Doug Williamson (Create page. Source: HKMA https://www.hkma.gov.hk/eng/news-and-media/press-releases/2021/02/20210223-3/) |
(Expand for renaming and enlargement of mBridge Project,) |
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(mCBDC or m-CBDC). | (mCBDC or m-CBDC). | ||
A multi-CBDC arrangement would be a joint agreement between | A multi-CBDC arrangement would be a joint agreement between countries to facilitate more efficient and lower-cost cross-border remittances, using CBDCs. | ||
For example, the "m-CBDC Bridge" project for collaboration between China, Thailand and the United Arab Emirates. | |||
For example, the ''mBridge'' or "m-CBDC Bridge" project for collaboration initiated in 2021 between China, Thailand and the United Arab Emirates. | |||
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* [[Fiat currency]] | * [[Fiat currency]] | ||
* [[Libra]] | * [[Libra]] | ||
* [[mBridge]] | |||
* [[Money]] | * [[Money]] | ||
* [[Sand Dollar]] | * [[Sand Dollar]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category: | [[Category:Financial_products_and_markets]] | ||
[[Category:Identify_and_assess_risks]] | [[Category:Identify_and_assess_risks]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category: | [[Category:The_business_context]] | ||
Latest revision as of 19:55, 24 July 2024
Central bank digital currencies (CBDC) - cross-border remittances.
(mCBDC or m-CBDC).
A multi-CBDC arrangement would be a joint agreement between countries to facilitate more efficient and lower-cost cross-border remittances, using CBDCs.
For example, the mBridge or "m-CBDC Bridge" project for collaboration initiated in 2021 between China, Thailand and the United Arab Emirates.