China Expands CBDC Payments to 10 ASEAN and 6 Middle Eastern Countries: Impact on Global Finance and Fake News Concerns
Recent news claims that China has connected its digital RMB cross-border payment system to ten ASEAN countries and six Middle Eastern regions. However, this information lacks a reliable source and may be exaggerated. While China is part of mBridge, a joint effort for cross-border payments using digital currencies, the actual involvement of ASEAN and Middle ...