Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank
A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough for the CBDC. Per the Shanghai Securities News, the deal was concluded by Thunes, a...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Per the Shanghai Securities News, the deal was concluded by Thunes, a global payment infrastructure provider, and the China Construction Bank (CCB).
The CCB is a state-owned financial institution that comprises one of China’s “big four” commercial banks....
Read More: Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank
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