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 Digital euro can ward off a host of private payment service ills: ECB official September 4, 2023 Chinese crypto ban poses no threat to local industry media, sources say December 2, 2021 Digital dollar advocate will retire as Dallas Fed president September 27, 2021