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China advances digital yuan internationalization as 26 institutions join cross-border platform
Twenty-six financial institutions signed Cross-border e-CNY Transfer Services direct participant agreements with e-CNY Center International Co in Shanghai on Tuesday, becoming the first group to gain access to CBETS, a cross-border blockchain-based infrastructure service platform designed to support the international use of the digital yuan.
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thenextweb.com
China signs up 26 financial institutions for digital-yuan cross-border payments
Beijing is expanding its digital-yuan network for cross-border use, the latest step in moving the e-CNY beyond domestic retail.
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economictimes.indiatimes.com
China signs up 26 financial institutions to digital yuan cross-border payment platform - The Economic Times
The agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement platform that supports round-the-clock…
