According to the Planet Daily, Bénédicte Nolens, director of the Hong Kong Center under the Innovation Hub of the Bank for International Settlements, said that the multilateral central bank digital currency bridge project mBridge has entered the minimum viable product development stage. In the coming months, different forms of market connections will be studied, as well as some public-private partnerships to improve the liquidity and efficiency of the project, as well as further enhancements to anti-money laundering solutions and the application of new technologies such as artificial intelligence. The HKMA expects that the mBridge minimum viable product will be launched next year and be ready for the system to be officially put into operation. Assistant Director of the HKMA, Bao Keyun, said that the mBridge project must be supported by a very strong and efficient legal framework to clearly define the rights and responsibilities of all participants. The mBridge legal framework emphasizes the principle of non-harm while respecting the monetary sovereignty of all participating jurisdictions.