Workflow
疆内首笔港币多边央行数字货币桥业务落地

Group 1 - The core viewpoint of the news is that the Industrial and Commercial Bank of China (ICBC) Xinjiang Branch successfully executed the first cross-border payment of dividends in Hong Kong dollars using the multi-central bank digital currency bridge platform, enhancing the application scenarios of digital currency in Xinjiang [1] - The multi-central bank digital currency bridge platform was jointly established by several financial institutions, including the Bank for International Settlements (Hong Kong), the Central Bank of Thailand, the Central Bank of the UAE, the Digital Currency Research Institute of the People's Bank of China, and the Hong Kong Monetary Authority, facilitating cross-border payments in multiple currencies with advantages such as fast settlement, low costs, and enhanced security [1] - To meet the growing demand for diversified and efficient cross-border payment services from enterprises in Xinjiang, ICBC Xinjiang Branch formed a dedicated digital currency bridge service team in April last year, which tailored service plans for clients and established a comprehensive service system covering the entire business process [1] Group 2 - The continuous promotion of the multi-central bank digital currency bridge business is an important measure for ICBC Xinjiang Branch to serve the real economy and support the development of Xinjiang's outward-oriented economy [2] - ICBC Xinjiang Branch plans to increase resource investment in the cross-border financial sector, explore the application potential of the digital currency bridge business, and expand more diverse business scenarios to provide more efficient and comprehensive cross-border financial services for "going out" enterprises [2]