Chinese banks issue digital yuan wallets to Shanghai customers

Some 8,500 consumers in the Chinese city of Shanghai have been given e-wallets containing digital yuan as part of the country’s ongoing pilot scheme for its central bank digital currency (CBDC). China’s Bank of Communications distributed wallets containing 100 digital yuan (US$15) to 6,500 of its customers, while China Construction Bank gave 2,000 customers 150 […]

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