[Macau Monetary Authority Announces Digital Macau Pataca System to Launch on June 2] According to Xinhua News Agency, the Macau Monetary Authority held the 'China-Portuguese-Speaking Countries Central Bank Digital Currency Development and Cross-Border Innovation Application High-Level Seminar' on June 1, announcing that it has joined the Multilateral Central Bank Digital Currency Bridge Project and completed system integration. In the first phase, 11 local banks have been approved to participate, and the system will launch on June 2. Deputy Governor of the People's Bank of China, Lu Lei, stated that he looks forward to the integration of the Digital Macau Pataca system with the cross-border settlement service platform, providing a more transparent, secure, efficient, and low-cost payment channel for trade and economic exchanges.
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