BIS Project mBridge Update: CBDC Bridge Details Unveiled

The Bank for International Settlements released an informative update

The Bank for International Settlements (BIS) released an informative update on Project mBridge, focusing on central bank digital currency (CBDC) bridges. 

It discusses governance, technical details using the Dashing consensus algorithm, and the use of legal entity identifiers for Anti Money Laundering and Countering the Financing of Terrorism.