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Bank of China trials offline payments for digital yuan via SIM cards

The bank plans to enable users to make phone payments by integrating its digital yuan app with specialized “super SIM cards” with near-field communication capabilities.

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Archive context

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

Bank of China trials offline payments for digital yuan via SIM cards

The bank plans to enable users to make phone payments by integrating its digital yuan app with specialized “super SIM cards” with near-field communication capabilities.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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