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The Digital Yuan has been Used by The Chinese Man to Pay The issued Fine of The Court in The Legal First …

April 24, 2022
Source: dmcnews.org dmcnews.org
News Snapshot:
Chinese media outlets have actually been reporting on a brand-new first for the electronic yuan with the main bank-issued token utilized. To pay a court-issued fine for the very first time. As per Chinaqw, on April 19, a man surnamed Wei, the plaintiff. In a car traffic accident obligation dispute case, had been handed a penalty of just over USD 105 by the Individuals' Court. In the Lucheng District of Wenzhou, a city in Zhejiang Province. But rather than pay the court by financial institution transfer. He rather decided to pay by making use of the Electronic Yuan, a purchase...
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Tags: app | bank | bitcoin | blockchain | brand | car | cash | certification | China | Chinese | court | crypto | currency | E-CNY | finance | fintech | Gadgets & Electronics | mobile | mobile phone | News Media | police | Renminbi | Tencent | Yuan | Zhejiang

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