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Cryptocurrencies: 26901
Markets: 106767
Market Cap: $3,743,426,752,261     
24h Vol: $129,864,322,227
cryptonews 2023-03-02 10:30:00

China's Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China's Digital Currency Facing a Roadblock?

China's Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China's Digital Currency Facing a Roadblock?
Shenzhen, China, started offering physical cards and discounts to Hong Kong tourists in order to drive the cross-border use of its digital yuan - but the first few days seem to have been a bit slow. Per the state-backed Shenzhen News, the country's first digital yuan hard wallet self-service card issuing machine was officially launched on February 22, providing "convenient" CBDC payment services for people coming to Shenzhen and Hong Kong. ... Read More: China's Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China's Digital Currency Facing a Roadblock?
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