Workers in China's pilot program for the Central Bank Digital Currency are swiftly converting their digital yuan into physical cash, signaling doubts about its practicality and appeal.
#DigitalYuan #CBDC #Blockchain #China
magazine.mindplex.ai/digest/chinese…
China's digital yuan project faces issues, with state workers reportedly converting their e-CNY payments into physical cash 💸 due to low usage. #DigitalYuan #eCNY #CryptoNews
scmp.com/economy/china-…
#China 's #DigitalYuan sparks debate among workers over #privacy & utility despite government push. Why are employees wary? The balance between #TechInnovation and user adaptability in focus. #Fintech #CBDC Read the... More at da.today/article/6641d1…
Explore how the Digital Yuan is set to revolutionize the fashion industry, enhancing efficiency, sustainability, and transparency. Discover more at yuan-paygroup.com #DigitalYuan
China rolling out digital yuan at workplaces, but workers not taking the byte. 💰 Will the future of currency be a click away? 💻 #DigitalYuan #CryptoCraze scmp.com/economy/china-…
Discover how the Digital Yuan is set to revolutionize the fashion industry, enhancing efficiency, transparency, and sustainability. Dive into the future of fashion finance! #DigitalYuan #FashionTech
China's digital yuan struggles to gain traction as recipients opt to convert to cash immediately 💵 Will this impact the future of digital currencies? 🤔 #DigitalYuan #CryptoMarket
Cash still king for #China ’s #workers
as #DigitalYuan salaries fail to make splash
sc.mp/qhpfo?utm_sour… #fintech #payment #digitalcurrency #centralbank #CashlessSociety @scmpnews
Report Reveals Chinese Workers Converting Earned CBDC To Cash dlvr.it/T6qVmX #BlockchainNews #CBDC #China #DigitalYuan
CB⚡DC DAILY: ROCKSTARS 🤘🏼
Acceptance is still a major hurdle.
“There are also not so many places, online or offline, where I can use the #digitalyuan .”
#CBDC #FinTech #FinServ
Dr Efi Pylarinou
John Kiff
Sonja Davidovic
Dr. Jonas Gross
Conrad Kraft
@JoshuaLipsky
scmp.com/economy/china-…
Richard Turrin Dr Efi Pylarinou John Kiff Sonja Davidovic Dr. Jonas Gross Conrad Kraft Josh Lipsky CBDCs and biotech may see similar adoption rates; AI can help build trust early on. #digitalyuan #AI #biotech