Business Travelers to Buy Tickets with Digital Yuan – China’s CBDC Takes to the Skies

Chinese business travelers will be able to buy air tickets using the digital yuan, as the nation’s central bank digital currency (CBDC) pilot takes flight. Per the China Civil Aviation Network, the commercial banking firm China Merchants Bank has co-launched an e-CNY platform with the Civil Aviation Administration Clearing Center. The platform will allow companies and entrepreneurs to “use the digital [yuan]” to pay for “business air tickets.”... Read More: Business Travelers to Buy Tickets with Digital Yuan – China’s CBDC Takes to the Skies