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Project mBridge

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    Saudi Arabia Quietly Left Major CBDC Project Over A Year Ago▼Saudi Arabia Left The World's Biggest CBDC Platform Sixteen Months Ago. It Took The FT To Notice.✉newsBusinessBanking5 h ago

    Saudi Arabia withdrew from Project mBridge, the world's largest central bank digital currency platform, roughly sixteen months before the withdrawal drew public attention. The departure only became widely known after the Financial Times reported it, prompting questions about why the move went unnoticed and what it signals for cross-border CBDC cooperation.