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Morning Edition · Sunday, September 20, 2026Published at 1:45 AM EDT · New York
Saudi Arabia Leaves the China-Led mBridge Digital Currency Settlement Platform
The world's largest oil exporter joined as an observer in 2023 and became a full participant in June 2024 before completing its proof-of-concept work and declining to continue.
Saudi Arabia has withdrawn from mBridge, the cross-border settlement platform built on central bank digital currencies and distributed ledger technology whose remaining participants include China, Hong Kong, Thailand and the United Arab Emi…
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