Derived from PANews, on November 21, 2025, the Governor of the People's Bank of China, Pan Gongsheng, along with UAE Deputy President Mansour and Central Bank Governor Khaled, jointly attended the launch of the China-UAE Payment Cooperation Project. The two sides signed a Memorandum of Understanding on cross-border payment interconnectivity, announced the interconnection of their fast payment systems to support online cross-border remittances for businesses and individuals, witnessed the first transaction of the UnionPay-Jaywan dual-brand card, and officially launched the UAE's multilateral digital currency bridge project JISR to advance bilateral financial cooperation and cross-border payment efficiency.
China and UAE Launch Payment Interconnectivity and JISR Multilateral Digital Currency Bridge Project
PANewsShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.