Event Monitor
Sign in
Monitor · Sanctions action
Widely Reported

Saudi Arabia withdraws from China-led mBridge digital currency project

Saudi Arabia has pulled out of the China-led mBridge digital currency platform aimed at facilitating cross-border payments outside the US dollar, according to reports citing the Financial Times. The Saudi Central Bank stated that it completed its participation in the project in May 2025. Further details regarding the reasons behind the departure have not been confirmed.

Follow this storyWe write to you when this story changes – not for everything we publish.
The sources disagree.
Each position is reported as its publisher stated it. We do not reconcile them.
5 differing positions reported on attribution across 8 publishers; unresolved.
  • middleeasteyeChina-led
  • telegramChina-led
  • rfi中国
  • cna-tw英媒
  • ltn美國
  • almashhadالسعودية
  • yna사우디
  • epochtimes中共
2 differing positions reported on location across 3 publishers; unresolved.
  • middleeasteyeSaudi Arabia
  • cna-tw沙國
  • almashhadالصين
2 differing positions reported on status across 8 publishers; unresolved.
  • middleeasteyewithdraws
  • telegramhas withdrawn
  • rfi已退出
  • cna-tw曝
  • ltn退出
  • almashhadتنسحب
  • yna탈퇴
  • epochtimes退出
Wherenot resolved
First reported35 days ago
Published2026-09-20 13:16 UTC
Sources8
How this travelled.
Reports9Independent tellings8
8 independently corroborated tellings, 1 reported as carrying another outlet.

Corrections and updates

No published correction or update is recorded. This does not reconstruct changes made before correction records were kept.

Cite this record

Global Event Monitor. Saudi Arabia withdraws from China-led mBridge digital currency project. 2026-09-20T13:16:53.087Z. Status: published. urn:global-events-monitor:event:2977. https://global.eventmonitor.net/event/2026-09-20/mbridge-8b86d21e

BibTeX · RIS · CSV · JSON · Corrections and updates · Captured versions

/event/2026-09-20/mbridge-8b86d21e Back to the stream

Ask about this event