The First Multilateral Central Bank Digital Currency Bridge Transaction of State-Owned Enterprises in Xiong'an New Area

According to news from HashiChain, based on reports from the Xiong'an Release public account, under the guidance and support of the People's Bank of China Xiong'an New Area Branch, the Industrial and Commercial Bank of China Hebei Xiong'an Branch successfully completed the first multilateral central bank digital currency bridge transaction for Sinochem Group Finance Co., Ltd., one of the first state-owned enterprise financial companies, by integrating the features of digital currency bridge and the integrated capital pool business of multinational companies.