“China is making progress in testing its central bank digital currency (CBDC) and introducing blockchain payments for the first time to get your salary in digital yuan.
According to the official website of the Xiong’an New Area, the Chinese central bank PBoC has paid out wages on-chain in digital yuan for the first time.
On Saturday, Xiong’an authorities said the pilot project was led by the Shijiazhuang-based PBoC branch and supported by the Bank of China Hebei in Xiong’an and the National Development and Reform Commission.”
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