TL;DR Breakdown - Honor unveils Magic3 smartphone with digital Yuan wallet - Chinese digital Yuan to lead global CBDCs race International Organization continues to seek relevance in the fast-expanding cryptocurrency space as a result, Honor has unveiled the first Snapdragon-powered smartphone to support the Chinese digital Yuan. According to the announcement, Chinese smartphone manufacturers Honor will roll out the Magic3 brand, an affordable smartphone with built-in capability to support a hardware wallet for the People’s Bank of China’s (PBoC) CBDC project. The Magic 3 series will be the first Snapdragon-powered smartphone to support a hardware wallet for the digital Yuan....