Android and Apple users in 10 Chinese cities can now download a pilot version of the country’s digital yuan wallet app directly from the iOS and Android app stores that enables them to acquire, store and use China’s central bank digital currency (CBDC). To date, Chinese consumers have only been able to download and open a digital yuan wallet when participating in specific pilot projects — such as the ‘red envelope’ lotteries held in Shenzhen, Chengdu, Suzhou and elsewhere — or in the form of CBDC wallets released by the…
Read MoreChina launches digital currency app for Android and Apple users in 10 cities
