✉news BusinessBanking first seen 8 h ago, last 7 h ago, peak #29
Saudi Arabia's exit from mBridge central bank digital currency project
Original: Saudi Arabia’s mBridge Exit: Balancing China, Trump, and the Future of Global Finance
Saudi Arabia has withdrawn from mBridge, the cross-border central bank digital currency project that also involves China and other central banks. Analysts link the move to Riyadh's effort to balance ties between Washington and Beijing, as the project was seen as a potential challenge to dollar-based finance and drew attention during the Trump administration's scrutiny of alternatives to the US financial system.
Why now: The withdrawal signals how US-China rivalry is shaping Saudi financial and currency policy choices.
Saudi ArabiamBridgeChinaDonald TrumpCentral banks
Rank over time, top of the chart is #1. 2 snapshots from 8 h ago to 7 h ago.
Evidence
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