More than 5.6 million merchant stores already support the digital yuan for payments, according to the post.
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BNY Mellon, Largest Crypto Custodian Bank, Launches Payments to China: DetailsLargest cryptocustodian bank BNY Mellon sets up seamless transnational payments to China from Egypt. 1CrypticPoet
Read more »
China's digital currency passes 100 bln yuan in spending - PBOCTransactions using China's digital yuan surpassed 100 billion yuan ($13.9 billion) as of Aug. 31, China's central bank said on Wednesday, as the country continues its roll-out of a central bank digital currency.
Read more »
America’s Oldest Bank, BNY Mellon, Will Hold That Crypto NowBank of New York Mellon is becoming the first large U.S. bank to safeguard digital assets alongside traditional investments on the same platform
Read more »
Crypto and digital bank MinePlex secures $100M in funding from GEMGEM Digital has just poured $100 million into Singapore-based crypto bank MinePlex, which is bridging the gap between traditional banking and crypto.
Read more »