As China’s central bank steps up its efforts to create a digital currency, the country has launched a pilot edition of its yuan digital wallet app in mobile phone app stores.
The People’s Bank of China (PBoC) Digital Currency Research Institute developed the “e-CNY (Pilot Version)” app, which was available for download on China’s Android and Apple App Stores (NASDAQ 🙂 on Tuesday in Shanghai.
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According to a tweet from BlockBeats, a local news source, individual users in China can now download an older version of the app to test opening and managing a personal wallet, as well as yuan digital transactions.
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