BBG: BiS mBridge End Around

BIS Debates Ending MBridge Project Eyed by Putin to Undermine Dollar

By Bastian Benrath-Wright, Mark Schroers, and Jana Randow

October 29, 2024

On Sept 16 Forty of the world's leading commercial banks joined a G7-led pilot scheme with the New York Fed and leading central banks from Europe, Korea and Japan for a new digital currency platform designed to …