China woos new digital yuan users ahead of Lunar New Year, Winter OlympicsA woman walks past a banner advertising the Beijing 2022 Winter Olympics at the Main Press Centre in Beijing on Thursday. The e-CNY wallet is also accessible through the electronic wallets of seven other major domestic banks, namely the Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of China, Bank of Communications, Postal Savings Bank of China and China Merchants Bank. "I just tried the digital yuan app, and it's very easy to use," a Weibo user wrote on Thursday. Another user said he had yet to use the 25 digital yuan he was given during a bus ride. However, China has yet to announce a formal timetable for the nationwide launch of its digital fiat money, officially known as Digital Currency Electronic Payment.

Source: Bangkok Post January 09, 2022 11:37 UTC