Bank of China Launches Offline Payment Trial for Digital Yuan
For now, the e-CNY app has a limit of 500 yuan ($77) per transaction and 10,000 yuan ($1,540) per day for offline payments.
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For now, the e-CNY app has a limit of 500 yuan ($77) per transaction and 10,000 yuan ($1,540) per day for offline payments.
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China has been at the forefront of CBDC development, with ongoing trials and pilot programs for the digital yuan.
Exfinity is known for its work in revolutionalizing access to economic opportunities in developing countries in Asia, the Middle East, and Africa.