China's Central Bank Urges Payment Platforms to Adapt for Digital Yuan Usage

Chinas central bank is nudging payment platforms to catch up to the digital yuan, its homegrown digital currency thats received major tech and business updates. Changchun Mu, who oversees the Digital Currency Research Institute at Chinas Peoples Bank, conveyed this message on September 3 while speaking at the annual China International Service Trade Fair. According to Mu, the digital yuans technological and business features have been significantly updated, and its time for payment platforms to do the same. This involves adapting to accommodate the digital yuan in all types of consumer...

source: https://tokenpost.com/Chinas-Central-Bank-Urges-Payment-Platforms-to-Adapt-for-Digital-Yuan-Usage-10619

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Published by: Book Club
Source: NewsService