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China’s digital yuan now supports smart contracts

Upgrades have been made to China’s Central Bank Digital Currency (CBDC), also known as the digital yuan or eCNY, including smart contract functionality and some recently disclosed use cases. Meituan food service platform deploys e-CNY smart contracts According to a Jan. 17 report by 8BTC, a Chinese app Meituan that provides retail and food delivery services […]
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digital yuan not widely used in China

According to Xie Ping, a former official of the People’s Bank of China (PBoC), the digital yuan is underused by the Chinese. As reported by financial news source Caixin, The former PBoC official, Xie Ping, said at a conference that the digital yuan’s application needed to be expanded after he told the media he was […]
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