PANews reported on June 1 that the Monetary Authority of Macao (MAMacao) held a high-level seminar on the development and cross-border innovative applications of central bank digital currencies (CBDCs) between China and Portuguese-speaking countries on June 1. The seminar explored innovative cooperation pathways between China and Portuguese-speaking countries in the cross-border application of CBDCs and aimed to enhance Macao's function as a "financial services platform between China and Portuguese-speaking countries." Approximately 250 officials, financial professionals, experts, and scholars from Portuguese-speaking countries, mainland China, Hong Kong, and Macao attended the seminar. Wong Sin Man, Chairman of the Administrative Committee of the MAMacao, stated that Macao continues to build dialogue platforms, facilitate cooperation channels, and consolidate development efforts between China and Portuguese-speaking countries in various fields such as trade, finance, and the digital economy. In accordance with the requirements of the 15th Five-Year Plan, Macao is pragmatically advancing the construction of a "digital Macao pataca" to promote the internationalization of the RMB and solidify its role as a hub for financial services between China and Portuguese-speaking countries.
Macau hosts seminar on digital currencies between Chinese and Portuguese central banks, exploring new avenues for cross-border financial cooperation.
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Author: PA一线
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