The Bank of Cape Verde reported that it participated from June 1 to 5 in a conference in Macau on central bank digital currencies and innovative cross-border payment applications between China and Portuguese-speaking countries, combined with a study visit to Guangdong province. The bank presented the engagement as part of its work on digital payments, including the potential development of a central bank digital currency and possible future integration with platforms such as mBridge to support faster, safer and more efficient cross-border payments. The event, organized by the Macao Monetary Authority, brought together about 250 participants from six Portuguese-speaking countries as well as mainland China, Hong Kong, Hengqin and Macau, including central banks, financial institutions, public entities, specialists and academics. Discussions covered progress on Macau's digital pataca, recent developments in the digital renminbi and the mBridge project, planning for Brazil's Drex project, and the positioning, opportunities and challenges of CBDCs in the international monetary system. During the Guangdong visit, the delegation reviewed digital transformation initiatives using artificial intelligence, cloud computing and industrial internet across sectors including smart cities, public services, transport, energy, mining and finance.
Bank of Cape Verde2026-07-06
Bank of Cape Verde reports participation in Macau CBDC conference and mBridge discussions
The Bank of Cape Verde said it took part in a Macau conference on central bank digital currencies and cross-border payment platforms, alongside a study visit to Guangdong. It linked the visit to its digital payments agenda, including potential CBDC development and possible future use of platforms such as mBridge for cross-border payments. The discussions also covered Macau's digital pataca, the digital renminbi and Brazil's Drex project.