Tag: #Digital China Summit

China’s digital yuan expands from consumer payments to business scenarios

Zhao Juecheng and Zhang Hongpei May 03, 2021

China’s digital yuan expands from consumer payments to business scenarios

The application of China's Digital Currency Electronic Payment (DC/EP), also known as digital yuan, which has already been on a fast development track since last year, is taking another critical step forward with new scenarios in the business-to-business segment and wage payments. JD.com Inc, the country's second-largest online...More