A group of major financial institutions have set up e-wallets on the digital yuan app developed by the People’s Bank of China. Photo: Xinhua A group of major financial institutions have set up e-wallets on the digital yuan app developed by the People’s Bank of China. Photo: Xinhua
A group of major financial institutions have set up e-wallets on the digital yuan app developed by the People’s Bank of China. Photo: Xinhua

Fintech giant Ant Group’s MYbank joins China’s digital yuan platform

  • MYbank is the first online lender to join a group of major financial institutions that have set up e-wallets on China’s digital yuan app
  • The participation of these banks shows how China is bolstering efforts to lead major economies in developing a central bank digital currency

Topic |   China digital currency
A group of major financial institutions have set up e-wallets on the digital yuan app developed by the People’s Bank of China. Photo: Xinhua A group of major financial institutions have set up e-wallets on the digital yuan app developed by the People’s Bank of China. Photo: Xinhua
A group of major financial institutions have set up e-wallets on the digital yuan app developed by the People’s Bank of China. Photo: Xinhua
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