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Residents of 3 Chinese cities paying taxes and charges with digital yuan

China has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security.

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Archive context

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

Residents of 3 Chinese cities paying taxes and charges with digital yuan

China has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security.

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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