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...
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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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