Saudi Arabia Completes Proof of Concept and Exits China-Led mBridge Digital Currency Platform
Saudi Arabia has exited the China-led mBridge digital currency platform after completing its planned proof-of-concept phase on May 13, 2025, the Saudi Central Bank (SAMA) confirmed. The platform, developed with participation from China, Hong Kong, Thailand, the UAE, and the Bank for International Settlements, aims to facilitate direct cross-border payments using central bank digital currencies. Saudi Arabia's withdrawal aligns with its original plan and does not indicate pressure from the US, according to SAMA.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 47/100.
Outlets measured: moneycontrol, businessstandard. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
businessstandard broke this story on 20 Sept, 06:37 am. Other outlets followed.