China's central bank has launched a pilot version of a wallet app for its sovereign digital currency in a push to expand its usage to more people.
China's central bank has launched a pilot version of a wallet app for the digital yuan in a push to expand its usage to more people.
So far, China has done a number of trials around the country in the form of lotteries where users in certain cities have been given a small amount of the digital currency to spend. But now more people in certain cities can download the app, highlighting how China is trying to get more people to use the digital currency.
China has been running trials for its digital yuan or e-CNY. Now the People's Bank of China is hoping to expand usage of digital currency by launching an e-CNY wallet app to more users in select cities. Photo taken on July 7, 2021 shows a digital Chinese currency logo at the World Artificial Intelligence Conference 2021 in Shanghai, China.China's central bank has launched a pilot version of a wallet app for the digital yuan in a push to expand its usage to more people.
The app is available on China's Android app stores and Apple's app store. It allows users to open a digital yuan wallet and spend the currency.and has been in the works since 2014. It is not a cryptocurrency like bitcoin but is instead issued and controlled by the People's Bank of China.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
It’s China vs. Walmart, Latest Western Brand Entangled in Human Rights DisputeWestern businesses are facing a geopolitical situation in China similar to the one that followed the 1989 Tiananmen Square massacre—but with more at stake
Consulte Mais informação »
China property giant Evergrande halts share trading againEvergrande, world's most indebted developer, is struggling to repay more than $300 billion in liabilities, including nearly $20 billion of international market bonds that were deemed to be in cross-default by ratings firms.
Consulte Mais informação »
Embattled China Evergrande shares halt tradingChina Evergrande Group shares will be suspended from trading on Monday, the embattled property developer said without giving a reason.
Consulte Mais informação »
'The Matrix Resurrections' Crosses $100 Million Worldwide Even Before China ReleaseBut with a budget of $190 million, celebrations will have to wait.
Consulte Mais informação »
China and Russia Military Cooperation Raises Prospect of New Challenge to American PowerJoint military exercises, coordinated weapons development and technology sharing are seen as tools in a campaign to limit U.S. might abroad, military analysts and U.S. officials say.
Consulte Mais informação »
An Electric Fiat Multipla Was Once Sold In China By The Now-Bankrupt Zotye | CarscoopsThe quirky MPV was available in both ICE-powered and EV form, with the latter featuring swappable batteries
Consulte Mais informação »