SWIFT and USD are not involved in the mBridge exchange process. Critics worry this could affect sanction enforcement.
Who is Critics and why are they so fuckin stupid?
Integrating Thailand, which was once a member of the anti-communist military alliance (SEATO), into it’s economic bloc in the past few decades through initiatives such as this is especially important considering the country’s geostrategic location.
China Sprints Ahead in Race to Modernize Global Money Flows, Bloomberg
Who is Critics and why are they so fuckin stupid?
Integrating Thailand, which was once a member of the anti-communist military alliance (SEATO), into it’s economic bloc in the past few decades through initiatives such as this is especially important considering the country’s geostrategic location.