According to online reports, we learned from the Steering Committee of the Multilateral Central Bank Digital Currency Bridge that after more than three years of development, the preliminary exploratory work of the Multilateral Central Bank Digital Currency Bridge (hereinafter referred to as the "Currency Bridge") project has been completed, and the project has reached the level of maturity that can be handed over to each participating party, the Currency Bridge project will be fully taken over by the participating central banks and monetary authorities for continuous development and operation. The Currency Bridge Steering Committee currently consists of the Bank for International Settlements Hong Kong Innovation Center, the Bank of Thailand, the Digital Currency Institute of the People's Bank of China, the Central Bank of the United Arab Emirates and the Hong Kong Monetary Authority. (CCTV News)