China’s CBDC wallet resorts to ages-old tradition to boost adoption Post author:MiamiCrypto Post published:December 28, 2022 Post category:alipay / CBDC / central bank digital currency / e-CNY / hongbao / red packet / wechat pay / Yuan A traditional Chinese way of gifting money that’s gone virtual with the rise of digital payments has been introduced into the digital yuan wallet app. You Might Also Like CBDCs could cut cross border remittance costs by half: BIS report September 28, 2021 Fitting the bill: US Congress eyes e-cash as an alternative to CBDC April 15, 2022 Bank of Indonesia: Crypto Could Strengthen the Global Financial System but There’s a Catch July 12, 2022
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