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China launches digital currency app to expand usage

January 5, 2022
Source: leafypage.com leafypage.com
News Snapshot:
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. Costfoto | Barcroft Media | Getty Images 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...
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Tags: Alipay | Android | Ant Group | artificial intelligence | bank | Bank of China | Beijing | bitcoin | blockchain | China | Chinese | crypto | currency | E-CNY | e-commerce | fintech | Olympics | online payment | Renminbi | Shanghai | social media | sports | Tencent | WeChat | Yuan

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