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China’s e-CNY trial version is available on the IOS and Android app stores

January 4, 2022 - Around 2 mins mins to read

The trial version of e-CNY, the mobile wallet for China’s digital yuan, has gone live in China’s iOS and Android app stores.

China's e-CNY trial version is available on the IOS and Android app stores - CoinCu News

Individual users in China can now download it to try “opening and managing personal wallets” and “e-CNY exchange and circulation services,” according to a tweet from BlockBeats, a local news site. .

The developer of the e-CNY app is listed as the Digital Currency Research Institute of the People’s Bank of China – a branch of the Chinese central bank.

Not all Chinese can download and try the wallet, only 11 regions: Shenzhen, Suzhou, Xi’an, Chengdu, Shanghai, Hainan, Trường Sa, Xi’an, Qing Island, Dalian and the Winter Olympics area.

CBDC is a cryptocurrency issued and controlled by a country’s government. While many countries around the world were working on this technology, China was early to prepare it for public use.

The country’s central bank said in April 2020 that the digital yuan could be used at the Beijing Winter Olympics in 2022. This claim has been criticized by US Senators.

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
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China’s e-CNY trial version is available on the IOS and Android app stores

The trial version of e-CNY, the mobile wallet for China’s digital yuan, has gone live in China’s iOS and Android app stores.

China's e-CNY trial version is available on the IOS and Android app stores - CoinCu News

Individual users in China can now download it to try “opening and managing personal wallets” and “e-CNY exchange and circulation services,” according to a tweet from BlockBeats, a local news site. .

The developer of the e-CNY app is listed as the Digital Currency Research Institute of the People’s Bank of China – a branch of the Chinese central bank.

Not all Chinese can download and try the wallet, only 11 regions: Shenzhen, Suzhou, Xi’an, Chengdu, Shanghai, Hainan, Trường Sa, Xi’an, Qing Island, Dalian and the Winter Olympics area.

CBDC is a cryptocurrency issued and controlled by a country’s government. While many countries around the world were working on this technology, China was early to prepare it for public use.

The country’s central bank said in April 2020 that the digital yuan could be used at the Beijing Winter Olympics in 2022. This claim has been criticized by US Senators.

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Follow the Youtube Channel | Subscribe to telegram channel | Follow Facebook page

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