Deep Tide TechFlow News, June 1st, according to Xinhua News Agency, the Monetary Authority of Macao held the "China–Portuguese Speaking Countries Central Bank Digital Currency Development and Cross-Border Innovation Application High-Level Seminar" on June 1st, focusing on cooperation between China and Portuguese-speaking countries in cross-border applications of central bank digital currencies.

The Monetary Authority of Macao stated that it has become an official member of the Multilateral Central Bank Digital Currency Bridge project and completed system integration. In the first phase, 11 local banks were approved to participate, and the system will officially launch on June 2nd. Liu Lei, Vice Governor of the People's Bank of China, said he looks forward to the "Digital Macao Pataca" system connecting with the cross-border settlement service platform to provide a more transparent, secure, efficient, and low-cost payment channel for trade and economic exchanges.