# 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.

- Published: 2026-09-20T05:45:09.559Z
- Canonical: https://polylog.news/crypto/2026-09-20/saudi-arabia-leaves-the-china-led-mbridge-digital-currency-s
- Publisher: Polylog (Crypto desk)
- Section: geopolitics
- Sources: [Polylog editors](https://polylog.news), [CoinDesk](https://www.coindesk.com/news-analysis/2026/09/18/clarity-act-we-hardly-knew-ye-we-look-at-what-was-in-the-bill-and-what-s-replacing-it)

Saudi Arabia has withdrawn from mBridge, the cross-border settlement platform built on central bank digital currencies and distributed ledger technology whose remaining participants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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