Tag: mBridge
-
Why the mBridge Will Ultimately Fail: The Incompatibility of Communism and Capitalism
In the rapidly evolving landscape of global finance, the mBridge initiative, aimed at fostering cross-border payments between countries with different economic ideologies, stands as a bold experiment. This digital currency bridge, developed by central banks from China, Hong Kong, Thailand, and the United Arab Emirates, seeks to streamline and secure international transactions. However, despite its…