China Debuts Blockchain-Powered Salary Payments with Digital Yuan in Xiong’an

China Debuts Blockchain-Powered Salary Payments with Digital Yuan in Xiong’an
фото показано с : btcmanager.com

2021-6-15 23:00

As part of efforts to conduct more test on its upcoming central bank digital currency (CBDC) and expand the scope of the digital yuan, China completed it first salary payment with the CBDC powered by blockchain technology, in the Chinese state-level new area, Xiong’an.

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China Is Expanding Its Digital Yuan Trials to Include More Cities

Leading the race of central bank digital currency (CBDC), China's central bank has already tested the digital yuan in several cities, including Shenzhen, Chengdu, Suzhou, and Xiong'an. Still, there is no specific timeline for the CBDC’s official rollout, said central bank vice governor Li Bo in an annual gathering on Sunday of top Chinese and […] The post China Is Expanding Its Digital Yuan Trials to Include More Cities first appeared on BitcoinExchangeGuide.

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