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cryptonews 2023-07-12 06:00:00

Chinese Central Bank Unveils SIM Card-based Offline CBDC Wallet

The Chinese central bank has unveiled an offline SIM card-based digital yuan “hard” wallet solution that lets users pay with the central bank digital currency (CBDC) with powered-down phones. The innovation could eventually allow 2G phone-owning citizens to use their handsets to use the token when their phones are off.... Read More: Chinese Central Bank Unveils SIM Card-based Offline CBDC Wallet

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