This assessment examines the Saudi Central Bank’s withdrawal from the mBridge multi-CBDC platform following its May 2025 proof-of-concept, evaluating the implications for alternative cross-border payment architectures, US-dollar primacy, and the platform’s operational trajectory without BIS oversight. The Saudi Central Bank (SAMA) has formally withdrawn from the China-led mBridge wholesale central bank digital currency (CBDC) platform, … Leggi tutto Saudi mBridge Withdrawal: SAMA Exits China-Led CBDC Platform Amid Geopolitical Scrutiny