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<ul><li>e-CNY payments were used to purchase wealth management services.</li><li>Suzhou is one of the first four pilot cities to launch digital renminbi – China’s legal currency.</li><li>Soochow seeks to expand the level of cooperation with local governments and banks.</li></ul>Soochow Securities, a financial service company and Bank of China, has launched a digital e-CNY (digital renminbi) payment function. The e-CNY payment function marked the <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" rel="noopener noreferrer nofollow">first use case of digital currency</a>. It was used on Monday to purchase investment and wealth management service products through the Bank of China digital wallet.<a href="https://coinedition.com/soochow-securities-and-bank-of-china-launches-e-cny-payments/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Soochow Securities and Bank of China Launches E-CNY Payments

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