China's mBridge builds a new channel for cross-border settlement
mBridge News Updates From China
Translated from Chinese
h/t @EFBullion
Recently, multilateral central bank digital currencies mBridge (hereinafter referred to as "Currency Bridge") project business in ICBC Zhejiang Xiaoshan Branch was the first to implement the application, achieving a breakthrough in the bank's cross-border transactions in currency bridges.
It is reported that the cur…