HONG KONG: China has made a recent push this week to persuade customers to check out the digital yuan, with the nation’s prime authorities physique endorsing the broader use of the digital forex in numerous eventualities.

The State Council, China’s cupboard, mentioned in a coverage blueprint launched on Thursday that it might encourage using e-CNY in retail transactions, utility invoice funds, and the executive service.

China woos new digital yuan users ahead of Lunar New Year, Winter Olympics comes via ChinaTechNews.com.