According to the CNBC report, central banks from China, Thailand, United Arab Emirates, and Hong Kong are exploring a CBDC cross-border payment project together. The Hong Kong Monetary Authority and the Bank of Thailand worked together to study the application of central bank digital currencies (CBDC) last year. The financial authorities are now expanding their […]Read full post The People’s Bank of China joins cross border CBDC pilot. on Chaintimes.com.