On August 4, 2026, when the South China Morning Post introduced the progress of mBridge's development, it still listed the Saudi Central Bank, which had already withdrawn in 2025, as a participant in mBridge.
Location: China ·
Importance II ·
Verification: Reported ·
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Shanghai has launched an offshore RMB trading ecosystem built on the free trade zone account system and the Foreign Exchange Trading Center, prompting outside scrutiny of its true degree of marketization and the nature of its controls.