DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Cryptocurrency Cryptonews

DBS Bank China Launches Digital Yuan Merchant Collection Solution

Crypto-friendly bank DBS announced the launch of a digital yuan merchant collection solution for business clients. The new payment solution will allow mainland Chinese businesses to receive payments in the central bank d...

DBS Bank China Launches Digital Yuan Merchant Collection Solution
Crypto-friendly bank DBS announced the launch of a digital yuan merchant collection solution for business clients. 
The new payment solution will allow mainland Chinese businesses to receive payments in the central bank digital currency (CBDC).
The DBS merchant collection platform allows businesses automated settlement of e-CNY into their bank deposit accounts....
Read More: DBS Bank China Launches Digital Yuan Merchant Collection Solution

Original source

Read on Cryptonews

Related market context