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cryptonews
2023-05-05 10:30:00

Banking Giant BNP Paribas to Launch China CBDC Wallet Platform – A Boost for the Digital Yuan?

Banking Giant BNP Paribas to Launch China CBDC Wallet Platform – A Boost for the Digital Yuan?

The Chinese arm of the French banking titan BNP Paribas announced it will launch a digital yuan wallet management platform, in another boost for China’s central bank digital currency (CBDC). Per Shanghai Securities Net, BNP Paribas China will be teaming up with the state-owned commercial bank the Bank of China for the project. The French bank will launch a platform that links with the Bank of China’s own digital yuan ecosystem.... Read More: Banking Giant BNP Paribas to Launch China CBDC Wallet Platform – A Boost for the Digital Yuan?

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