In addition to mBridge’s six full participants, 27 other official entities – including the International Monetary Fund (IMF), the World Bank and the central banks of countries including Norway, South Korea and Turkey – have signed on as observers to the project, giving them access to a “sandbox” for experimentation with the technology.
![Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant](https://www.coindesk.com/resizer/wgXHCk42owRElIAg2LTcDrSoH3M=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MHGAVLUBZND2JGTOD6LHYJ6GAI.jpg)