Sunday, May 9, 2021

fianancial news Mery

https://www.cnbc.com/2021/05/10/china-digital-yuan-alibabas-ant-joins-e-cny-currency-trial.html 

  • In the last year, the People's Bank of China has distributed several million dollars' worth of a digital yuan through an app that is connected with the six major, state-owned banks.
  • MYbank, an online-only bank in which Ant has a 30% stake, is now allowing some users to link their accounts with China's digital currency app, state-backed China Securities Journal said Monday.
  • Ant did not confirm the exact nature of its participation in the digital currency project, but said that along with MYbank, the group would be involved with trials and research around the digital yuan.
 

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