Shenzhen Gas Stations Now Accepting Payment in Digital Yuan


Source: insidebitcoins.com insidebitcoins.com

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China has been moving ahead significantly with its Central Bank Digital Currency (CBDC) project, with the country gearing up for a launch in the coming years. While tests have been going on for the better part of 2020, they appear to be kicking into high gear – especially in the tech-forward city of Shenzhen. Easy Gas Payments for Everyone Earlier today, local news source Economic Information Daily reported that gas stations in Shenzhen have started accepting the digital yuan as the city’s trials are moving at a high pace. The news medium confirmed that 11 gas stations now accept the...