China opens industrial park for digital yuan CBDC development in Shenzhen Post author:MiamiCrypto Post published:October 12, 2023 Post category:CBDC / China / People's Bank of China / Yuan The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan. You Might Also Like Did a Shanghai Court Just Legalize Bitcoin in China? November 23, 2024 Ex-Fed vice-chair Quarles has lost none of his fervor in opposing US CBDC May 3, 2022 China’s Stablecoin Whiplash: From Quiet Exploration to Sudden Crackdown August 8, 2025