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According to Odaily, the Hong Kong Monetary Authority (HKMA) has announced that the mBridge project, a key initiative in the HKMA's 'Fintech 2025' strategy, has successfully completed a six-week trial period. The project was jointly initiated by the HKMA, the Hong Kong Centre under the Innovation Hub of the Bank for International Settlements (BIS), the Central Bank of Thailand, the Digital Currency Research Institute of the People's Bank of China, and the Central Bank of the United Arab Emirates.