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Chinese Central Bank Unveils SIM Card-based Offline CBDC Wallet

The Chinese central bank has unveiled an offline SIM card-based digital yuan “hard” wallet solution that lets users pay with the central bank digital currency (CBDC) with powered-down phones. The innovation could eventua...

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

Chinese Central Bank Unveils SIM Card-based Offline CBDC Wallet
The Chinese central bank has unveiled an offline SIM card-based digital yuan “hard” wallet solution that lets users pay with the central bank digital currency (CBDC) with powered-down phones.
The innovation could eventually allow 2G phone-owning citizens to use their handsets to use the token when their phones are off....
Read More: Chinese Central Bank Unveils SIM Card-based Offline CBDC Wallet

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