Source: Coindesk.com
Many consumers prefer to use online payment tools such as Alipay and WeChat Pay. The digital yuan is fraught with privacy concerns as it incorporates elements of blockchain technology so transactions are all theoretically traceable.
China's digital yuan, also known as e-CNY, is failing to catch on during a trial in
Read More https://www.coindesk.com/policy/2024/05/13/chinas-digital-yuan-isnt-taking-off-despite-state-employee-salary-trial-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The post "China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report" appeared first here Coindesk.com.
Source: Coindesk.com
