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CBDC ban

Every story the desk has published on CBDC ban, newest first. This page updates with each new development.

Unconfirmed, one reportnewsregulation

Saudi Arabia Exits China-Backed mBridge CBDC Project

Saudi Arabia has ended its participation in mBridge, a China-backed cross-border CBDC platform, after completing a proof of concept in May 2025.

2 sources
Unconfirmed, one reportnewslegalregulation

India plans first tokenized bonds using wholesale CBDC

India's state-controlled REC will issue tokenized corporate bonds in September using blockchain settlement and wholesale digital rupee payments.

1 source