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China Enlists Ant-backed MYbank in Expanding Digital Yuan Trial

(Bloomberg) — Ant-backed MYbank will join China’s digital yuan trial as the central bank charges ahead with rolling out an electronic currency system that could uproot the country’s payments landscape.

MYbank’s service will soon be introduced to the People’s Bank of China’s digital yuan app, people familiar said, requesting not to be identified because the matter is private.…

This data comes from the ChinaPulse.com media intelligence and smart news insights platform.

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