China’s Central Bank To Work With Alibaba’s Ant On Digital Yuan

Per a report by VOA News, Alibaba Group’s affiliate Ant Group has signed a partnership with the People’s Bank of China. The partners will work to build a platform for the country’s central bank digital currency (CBDC). VOA quotes the Chinese state media Global Times. The Digital Yuan, also know as Digital Renminbi or e-CNY, […]

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Author: toutiao