China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
China begins next phase of CBDC testing with e-CNY payment for public transport Crypto Punk Dots
Aggregated Source: ChinaTechNews.com

According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank digital currency (CBDC) pilot test program. In the city of Guanzhou, it is now possible to pay for public bus rides with the digital yuan (e-CNY) CBDC on 10 transit routes, which is a first for the country.

China begins next phase of CBDC testing with e-CNY payment for public transport Crypto Punk Dots comes via ChinaTechNews.com.

Original URL: Click here to visit original article
Copyright ChinaTechNews.com