The Hong Kong Monetary Authority initiated mBridge with the Bank of Thailand, positioning the new system as an alternative to SWIFT.
9 reports, 2 independent
Updated Sep 21
Gone quiet
- Reports
- 9
- Developments
- 2
- Repetition
- 78%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Hong Kong Monetary Authority initiated mBridge with the Bank of Thailand, positioning the new system as an alternative to SWIFT.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.The cross-border CBDC platform development continues, with new central bank participation and reported withdrawals.1 source
HKMA and Bank of Thailand initiated mBridge as a potential alternative to SWIFT.1 source
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The entities involved
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Hong Kong Monetary Authority
currency board and central banking authority of Hong Kong
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Bank of Thailand
central bank