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Chinese Central Bank Digital Currency (CBDC) will soon be tested in ‘Guangdong-Hong Kong-Macao Greater Bay Area, Beijing-Tianjin-Hebei region, and Yangtze River Delta region’ according to China’s Ministry of Commerce.
central bank digital currency, CBDC, China, digital yuan, Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, digital wallet app, accounts, money, payments, money transfer
The Agricultural Bank of China (ABC), a large state-owned bank, has started testing an interface for the country’s central bank digital currency (CBDC).
Ant Financial, Tencent, mobile app, DC/EP, Agricultural Bank of China, PBOC, central bank digital currency, China
HSBC, Standard Chartered, and 10 other banks, have launched a blockchain-based trade finance platform in Hong Kong, called eTrade Connect.
HSBC, Standard Chartered, trade finance platform, Hong Kong, eTrade Connect, blockchain technology, Agricultural Bank of China, BNP Paribas