Alipay set to allow users test China’s digital yuan

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China’s e-payment giant will allow some users to link their accounts to the country’s digital yuan app.
Alipay, the mobile payment platform owned by Ant Group, is set to allow some of its users to participate in the emerging digital yuan commerce ecosystem.According to a report by China Securities Journal on Monday, this new feature is a result of MYbank’s participation in the country’s expanded digital currency electronic payment testing protocols.The news further cements Ant Group’s participation in China’s central bank digital currency project. Indeed, the conglomerate owns a majority stake in MYbank — one of the largest internet-only banks in the country.In a statement quoted by CNBC, Ant Group confirmed its involvement in the digital yuan trials, adding:“As one of the participants in the trial of the e-CNY, Ant Group’s associate MYbank will steadily advance the trial pursuant to the overall arrangement

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Źródło: https://cointelegraph.com/news/alipay-set-to-allow-users-test-china-s-digital-yuan

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