China's Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China's Digital Currency Facing a Roadblock?

Shenzhen, China, started offering physical cards and discounts to Hong Kong tourists in order to drive the cross-border use of its digital yuan - but the first few days seem to have been a bit slow. Per the state-backed Shenzhen News, the country's first digital yuan hard wallet self-service card issuing machine was officially launched on February 22, providing "convenient" CBDC payment services for people coming to Shenzhen and Hong Kong. ... Read More: China's Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China's Digital Currency Facing a Roadblock?