China wants standardized QR code systems for digital yuan
As the nation widens the pilots for its digital currency, China’s central bank is pushing for connectivity between its digital yuan and other.
As the nation widens the pilots for its digital currency, China’s central bank is pushing for connectivity between its digital yuan and other.
By 2025, the Supreme People’s Court of China has asked the Chinese legal system to use blockchain technology to connect courts across the.
The metropolises have joined a growing network of cities that accept China’s digital yuan, which can now be used to recharge Guangzhou city.
Residents in three major Chinese cities have begun paying taxes, stamp duty, and social security contributions with the digital yuan, the country’s central.
China has expanded the number of cities covered in its digital yuan pilot project, which is now underway in the provinces of Zhejiang.
Former Individuals’s Bank of China governor Zhou Xiaochuan stated in a speech on Saturday that the digital yuan is intended to focus on.
Economic Information Daily, a Xinhua News Agency affiliate publication, published an op-ed on Thursday outlining methods to accelerate the adoption of the digital.
The People’s Bank of China (PBOC) said on Saturday that it is expanding the number of pilot cities where its central bank digital.
Because of a lack of regulatory clarity and a fear of government retaliation, China’s main social media platforms and internet behemoths have altered.
At Saturday’s Two Sessions, China’s most important series of political meetings, the country set a three-decade low GDP growth target of 5.5 percent.