🔥 Trending event · 3 sources

Saudi Arabia leaves China-backed mBridge digital currency project

First reported September 21, 2026 by Crypto.news · covered by 3 sources

In short

Saudi Arabia has ended its participation in mBridge, a cross-border central bank digital currency platform. The move followed the kingdom’s completion of a central bank digital currency trial in May 2025.

China Saudi Arabia Washington

Written by our news service from the 3 sources below, updated September 23, 2026.

Timeline

Sep 21, 06:22 UTC · Crypto.news
Saudi Arabia exits China backed mBridge digital currency project ↗

All coverage

Saudi Arabia exits China backed mBridge digital currency project

Saudi Arabia has ended its participation in the China linked mBridge digital currency platform after completing a central bank digital currency trial in May 2025, removing the kingdom from a cross border payment project that has faced scrutiny in Washington…

China Saudi Arabia Washington

Sep 21, 2026 · byCrypto.news

Saudi Arabia exits China-backed mBridge CBDC project: FT

Saudi Arabia has left mBridge, a cross-border CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times.

China Saudi Arabia

Sep 21, 2026 · byCointelegraph

Saudi Arabia exits China-led mBridge digital currency project: Report

Saudi Arabia's exit from mBridge may impact global digital currency collaboration, potentially slowing advancements in cross-border payment solutions. The post Saudi Arabia exits China-led mBridge digital currency project: Report appeared first on Crypto Briefing .

China Saudi Arabia

Sep 22, 2026 · byCryptoBriefing