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China pressures McDonald’s to expand digital yuan scheme

October 24, 2021
Source: explica.co explica.co
News Snapshot:
China is pressuring McDonald’s to fully expand the digital yuan.You need a big chain like this to add in so you can expand it as much as possible; especially since Nike and Visa declined to comment. China presses to McDonald’s with respect to the expansion of the digital yuan. I basically talk to the fast food chain to expand their payment methods to add yuan before the Winter Olympics in Beijing start; from what we can read in the Financial Times. They are currently testing, before its total launch, the digital currency of the country’s central bank (CBDC) which is...
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Tags: accounting | bank | Bank of China | Beijing | bitcoin | blockchain | books | China | crackdown | crypto | currency | customer | Dollar | E-CNY | Economy | expansion | fast food | finance | fintech | Olympics | Renminbi | Shanghai | sports | United States | Yuan

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