More Chinese Firms Paying Workers in Digital Yuan
More Chinese companies are using the digital yuan to pay their workers, as Beijing looks to spur the adoption of its CBDC. Per the Huizhou Daily, the latest firm to trial paying staff in CBDC is a state-run bureau, a bod...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Per the Huizhou Daily, the latest firm to trial paying staff in CBDC is a state-run bureau, a body that overseas finances at the Zhongkai High-tech Industrial Development Zone.
The zone is located in Huizhou, Guangdong Province, and was established in 1993 as part of a wider Guangdong-Hong Kong-Macao Greater Bay Area development project....
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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