Digital RMB applications expand to transportation and salary payments

China’s digital currency is rapidly expanding with trials taking place across the country in a variety of applications, including at shopping festivals, for transportation and as a form of payment. This follows the recent news that six cities (Shanghai, Hainan, Changsha, Xi’an, Qingdao and Dalian) began participating in trials for China’s digital RMB in 2020, joining the existing pilot areas of Shenzhen, Suzhou, Xiong’an, and … Continue reading Digital RMB applications expand to transportation and salary payments