Chinese Bank Rolls Out Digital Yuan to Cash Conversion Feature on Over 3,000 Beijing ATM Locations


Source: bitcoinethereumnews.com bitcoinethereumnews.com

Key Topics in this News Article:

News Snapshot:

Bitcoin Ethereum News The state-owned ICBC has activated these Chinese yuan ATM locations to prepare for the yet-to-be-announced final rollout of the digital yuan. A Chinese commercial bank has added a new digital yuan feature to more than 3,000 Beijing automated teller machines (ATM). The new feature now allows members of the Beijing public to convert the country’s digital yuan token into cash. Interested persons can also convert cash to the digital yuan. A Xinhua Finance report made the news official on Friday. According to the report, the feature is the brainchild of China’s state-owned Industrial and Commercial Bank of...