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26 days ago · Saudi Arabia

Saudi Arabia withdraws from China-led digital currency platform

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What's happening

SignalsMonitor is following this as a conflict story. Middle East Eye is the outlet attached so far. The reports are tied to Saudi Arabia. The first report grouped here was at 20 Sept 2026, 08:26 UTC. The headline in use is “Saudi Arabia withdraws from China-led digital currency platform”. This note is SignalsMonitor's own briefing, not the publisher's article.

What we know

Saudi Arabia has pulled out of a China-led digital currency platform aimed at facilitating cross-border payments outside the US dollar, the Financial Times (FT) reported. Riyadh joined the mBridge project in 2024 with China, Hong Kong, Thailand, the United Arab Emirates and the Bank for International Settlements, but the Saudi…

Middle East EyeRead at Middle East Eye

Story timeline

Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.

Reported by 1 outlet

  • Middle East Eye