According to an official report, employees in Changshu, China, will receive their salaries in digital Yuan from May 2023.
The digital Yuan is China’s CDBC (Central Bank Digital Currency) and the central bank is pushing for more adoption. China’s digital currency, dubbed e-CNY, saw pilot projects in at least 26 provinces and cities.
JUST IN: 🇨🇳 China's Changshu city to pay state employees salaries in digital yuan (CBDC).
Changshu has a population of more than 1.5 million. The region is a county-level city und...
