Ant Group, Tencent Supports China’s Central Bank Digital Yuan Roll-out Initiative

On Sunday, Chinese fintech giants, Ant Group and Tencent Holdings Ltd., also known as Tencent, both announced further cooperation with China’s central bank to move forward with the country’s digital yuan, vowing to provide active support to the roll-out of the country’s digital currency. The Digital Currency Research Institute of the People’s Bank of China (PBC) announced … Continue reading Ant Group, Tencent Supports China’s Central Bank Digital Yuan Roll-out Initiative