Chinese Banks Looking to Use Digital Yuan in Funds and Insurance Sector

Publikováno: 31.8.2021

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Some of China’s biggest commercial banks are looking to pilot digital yuan use cases for funds and insurance-related products – in a major move away from the core functions of the pilot thus far. Since the central People’s Bank of China (PBoC) began its pilots, initiatives have focused on B2C payments in stores or on public transport networks. But per the South
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