HSBC extends digital yuan services for corporate clients, eyes new use cases

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The post HSBC extends digital yuan services for corporate clients, eyes new use cases appeared first on CoinGeek.

After over four years of studies, it appears that the PBoC may be nearing a commercial rollout in the coming months following a name change of the digital yuan app on app stores in China.

Apart from linking accounts, corporate clients will be able to bind their cards with the digital yuan mobile app.

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Article Details

Author / Journalist: Wahid Pessarlay

Category: Crypto

Markets: CanadaChinaIndia

Topics: Digital yuan HSBC Central Bank Digital Currency Business

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-16 @ 05:00:29 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 623 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 21264507

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