China Pilots Power- and Network-free CBDC Metro Payments
The Chinese city of Quingdao will pilot an electricity- and network-free digital yuan public transport payments solution, marking another national first for the central bank digital currency (CBDC). The news comes as ano...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The news comes as another city in the pilot zone announced it will give away some $140,000 of CBDC discount tokens....
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