Bank AI

Yuan

<html>
 <head></head>
 <body>
  <p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/crypto-live-news/chinas-pboc-unveils-a-new-offline-sim-card-based-digital-yuan-wallet/">China’s PBOC Unveils a New Offline SIM Card-Based Digital Yuan Wallet!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
  <p>The People’s Bank of China (PBOC) has created an offline SIM card-based digital yuan wallet that allows users to make transactions even if their mobile device is turned off. The wallet has been created by the PBOC’s Digital Currency Research Institute and is undergoing tests in Shenzhen and Suzhou. This development is significant as it provides millions of users with 2G mobile devices, who do not have internet access, with the ability to transact using the digital yuan. The digital currency is already being trialed nationwide and aims to eventually replace physical notes and coins in circulation.</p>
 </body>
</html>

China’s PBOC Unveils a New Offline SIM Card-Based Digital Yuan Wallet!

CoinPedia News

Other articles published on Jul 13, 2023

BNB Beacon Chain prepares to upgrade, hard fork will boost bridge security

Raoul Pal predicts a 2000% increase for Solana (SOL)

Bitcoin ETFs and this 5 things will push Bitcoin and cryptocurrencies Prices to a massive bull ru...

Shiba Inu Market Cap Climbs By $500 Million – Is A Price Rally On The Horizon?

AI Altcoins Take Center Stage as EU Finalizes Crypto Bank Capital Rules – Fetch, Ocean Protocol a...

Hacker transfers another $103 million from Multichain

Join our free newsletter for daily crypto updates!