The digital yuan is trialed again in Shenzhen, at ATMs and via a smart card. Crypto mining rig prices soared as Bitcoin hit the $41,000 mark.
Ant Group employees can use the Alipay app for digital yuan transactions in select locations, including the Lujiazui district in Shanghai.
Just two weeks after a crackdown on imported gaming consoles in Shenzhen, the grey market has mostly recovered to its semi-legal status quo.
The central bank’s DCEP project is about a lot more than a “mainstream” central bank digital currency, wrote one of China’s foremost financial figures.