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Likou, China, to Become Digital Yuan ‘Demonstration Town’ – CBDC Adoption Gathers Pace?

A Chinese town has agreed to become a digital yuan “demonstration town” after striking a CBDC deal with a major, state-run bank. Per JSChina, the deal was struck in Likou, a town in Siyang County, near the city of Suqian...

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

Likou, China, to Become Digital Yuan ‘Demonstration Town’ – CBDC Adoption Gathers Pace?
A Chinese town has agreed to become a digital yuan “demonstration town” after striking a CBDC deal with a major, state-run bank.
Per JSChina, the deal was struck in Likou, a town in Siyang County, near the city of Suqian in China’s Jiangsu Province.
The People’s Government of Likou Town reportedly signed a deal with the Likou Branch of the Postal Savings Bank of China.
The parties will now “build a digital RMB demonstration town.”...
Read More: Likou, China, to Become Digital Yuan ‘Demonstration Town’ – CBDC Adoption Gathers Pace?

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