State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs

State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMsThe Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen. ATMs Will Work With a Smartphone App According to SZ News, the program is part of the ongoing […]

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China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program

China Launches Digital Yuan 'Hard Wallet' Card Pilot ProgramThe People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a Mobile Connection According to Tencent News, staff members at Shanghai Jiao […]

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