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Bank of China & E-commerce Giant Meituan Strike Digital Yuan Deal

The Bank of China and the e-commerce heavy-hitter Meituan have signed a digital yuan collaboration deal, with both firms looking to step up their CBDC capabilities. Per the Securities Times, via Stockstar, the two firms...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bank of China & E-commerce Giant Meituan Strike Digital Yuan Deal
The Bank of China and the e-commerce heavy-hitter Meituan have signed a digital yuan collaboration deal, with both firms looking to step up their CBDC capabilities.
Per the Securities Times, via Stockstar, the two firms have sealed a “cooperation agreement” that will see them “deepen” their “digital yuan cooperation.”
The new deal will build on the firms’ existing CBDC partnership deal, signed back in 2021....
Read More: Bank of China & E-commerce Giant Meituan Strike Digital Yuan Deal

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