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Saudi Arabia exits China-backed mBridge platform amid governance and compliance concerns

Source: Business Today

Developed initially by the People's Bank of China, the Hong Kong Monetary Authority, the Bank of Thailand, and the Central Bank of the United Arab Emirates, the platform previously involved the Bank for International Settlements (BIS).

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This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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