China enlists Tencent and Ant-backed banks for digital yuan trial

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China has taken another leap in its developmental efforts of its Digital Currency Electronic Payments [DECP] . On Monday, reports pointed out that Ant-backed MYbank will be joining the digital yuan trial as the central bank rolls out the electronic currency system. MYbank will “steadily advance the trial pursuant to the overall arrangement of the People’s […]


China enlists Tencent and Ant-backed banks for digital yuan trial written by Namrata Shukla @ https://ambcrypto.com/china-enlists-tencent-and-ant-backed-banks-for-digital-yuan-trial/ February 22, 2021 Namrata Shukla

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