Crypto-Friendly DBS Bank Launches Digital Yuan Designed for CBDC Payments

A crypto-friendly bank founded by the government of Singapore is launching a digital version of the Chinese yuan designed for central bank digital currency (CBDC) payments. According to a new press release by DBS Bank, its Chinese branch will be launching a system that would allow businesses on the mainland to accept CBDC payments. “DBS The post Crypto-Friendly DBS Bank Launches Digital Yuan Designed for CBDC Payments appeared first on The Daily Hodl .