The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

China will accelerate the introduction of smart contracts based on the digital yuan – Crypto News

News Snapshot:

Regulation Reading time: ~2 m The Central Bank of China, based on the results of the use of smart contracts with e-CNY in state and commercial projects, came to a decision on the wide integration of the digital yuan into the country's economy. Mu Changchun, head of the Digital Currency Institute of the People's Bank of China (PBOC), said that the regulator plans to deploy more smart contracts for the digital yuan (e-CNY), as more and more options for using the state digital currency are opened during testing. The CEO noted that smart contracts with e-CNY are already used in…

Other China Tech Buzz: