Macau Hosts Seminar on CBDCs with Chinese and Portuguese Central Banks

News Flash 2026-06-01 21:56

The Monetary Authority of Macao (MAMacao) hosted a seminar on June 1 focusing on the development and cross-border applications of central bank digital currencies (CBDCs) between China and Portuguese-speaking countries. The event aimed to explore innovative cooperation pathways and enhance Macau's role as a financial services platform. Approximately 250 participants, including officials and financial experts from Portuguese-speaking countries, mainland China, Hong Kong, and Macau, attended the seminar. Wong Sin Man, Chairman of the Administrative Committee of MAMacao, emphasized Macau's commitment to building dialogue platforms and facilitating cooperation in trade, finance, and the digital economy. The seminar aligns with the 15th Five-Year Plan's goals, including advancing the "digital Macao pataca" and promoting the internationalization of the RMB, reinforcing Macau's position as a financial hub between China and Portuguese-speaking nations.

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