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Smartphone with CBDC wallet launched in China

August 14, 2021
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
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....
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Tags: Alipay | Ant Group | bank | Bank of China | bitcoin | blockchain | China | Chinese | crypto | currency | Dollar | E-CNY | Economy | fintech | Huawei | mobile | national security | online payment | Renminbi | smartphone | social media | Tencent | United Nations | WeChat | Yuan

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