Fintech giant Ant Group’s MYbank joins China’s digital yuan platform

//Fintech giant Ant Group’s MYbank joins China’s digital yuan platform

Fintech giant Ant Group’s MYbank joins China’s digital yuan platform

MYbank, an online lender affiliated with financial technology giant Ant Group, has become the first internet bank to join China’s digital currency platform, in a move that strengthens support for Beijing’s rapid development of a “sovereign digital yuan”.The digital currency app developed by China’s central bank now has e-wallets – online services that let users make electronic transactions and store their payment data – set up by seven financial institutions, including the Industrial and…

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By | 2021-05-12T12:00:21+00:00 May 12th, 2021|Technology|Comments Off on Fintech giant Ant Group’s MYbank joins China’s digital yuan platform