How China’s new digital yuan app makes money programmable

Sep 15, 2021 | The Block News | 0 comments

how-china’s-new-digital-yuan-app-makes-money-programmable

Quick Take

  • China has quietly made its standalone digital yuan mobile app available to almost 10% of the population.
  • The latest step in a long, gradual rollout of the central bank digital currency reveals how it can be programmed through smart contracts.

This feature story is available to
subscribers of The Block Daily.
You can continue reading
this Daily feature on The Block.

News Source from TheBlockCrypto.com

Related Articles

These 3 NFT Projects Collectively Captured Over $10 Billion in Sales

These 3 NFT Projects Collectively Captured Over $10 Billion in Sales

Non-fungible token (NFT) assets have taken the world by storm in 2021 and three current projects in the NFT universe have seen sales stretch into the billions. Statistics show that the NFT marketplace Opensea, the blockchain NFT game Axie Infinity, and the digital...

FTX will begin to move key operations to Bahamas as part of HQ shift

FTX will begin to move key operations to Bahamas as part of HQ shift

FTX is moving some key operations from its long-standing headquarters in Hong Kong to the Bahamas.  FTX Ltd. CEO and founder Sam Bankman-Fried tweeted today that the firm is in the process of moving its headquarters to the Bahamas from Hong Kong. The exchange's...

Pin It on Pinterest

Share This