Continuing its Digital Central Bank Currency (CBDC) projects without slowing down, China announced that it will make salary payments to public personnel in one of its provinces in digital yuan (e-CNY).
a local agency April 22 According to the news published on Changshu city local Financial Supervision and Administration Bureau And Finance Officenext May in the city from all civil servants And public officials salary payments e-CNY stated that they would receive
a resident of Changshu city of health personnel news confirmed and receive their payments in e-CNY next month. they are prepared transferred. of your employees if they want pay salaries through platforms automatic terminals through accounting with units without getting in touch were among the statements made by local sources.
Sources, current state of the city bus trips, medical payments, supermarket expenses And various invoice services many payments in the scenario e-CNY that it can be used In addition, various payments are made via e-CNY. subsidies stated that there is.
In many cities of China Lunar New Year to increase CBDC adoption in 26.5 million worth a dollar 180 million yuan Reminding that the current year, Changshu in the first quarter initiated the pilot program and to 2025 much productive setting up a CBDC system that you aim stated.