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01 March 2021

Ant-Backed MYbank Reportedly Involved in China’s Digital Yuan Trial

Ant-Backed MYbank Reportedly Involved in China’s Digital Yuan Trial


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Ant-Backed MYbank Reportedly Involved in China’s Digital Yuan Trial.

Another digital bank, Webank, founded by Chinese tech giant Tencent Holdings, would also be participating in the digital yuan trial program.

The Agricultural Bank of China (ABC) launched a mobile application for digital yuan trial, while its Xiongan branch created a digital yuan hardware wallet.

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