Chinese State-Owned Banks Start Exploring Digital Yuan Use-Cases for Buying Investment Funds & Insurance Products
Two major government-owned Chinese banks are expanding their pilot programs for the national Digital Currency. China Construction Bank (CCB) and Bank of Communications (BOCOM) have begun studying the new use cases of the digital renminbi by allowing citizens to use it to purchase investment funds and insurance products online. The two state-run banks are working with fund management and … Continue reading Chinese State-Owned Banks Start Exploring Digital Yuan Use-Cases for Buying Investment Funds & Insurance Products