Hunan Province, China, has debuted new digital yuan loans for tech startups – with Beijing keen to explore more central bank digital currency (CBDC) financing options.
Per the Changsha Evening News, via JDZ, three startup founders became the first people to be awarded CBDC loans from the state-owned Bank of Communications.
In a first for the Bank of Communications and the province,...
By clicking Accept, you consent to the use of all cookies. If you do not wish to accept all cookies, you may choose to manage your preferences by opting out optional cookies. For more information on how we use cookies and to view our Privacy Policy and our Cookie Notice.