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Chinese Bank Shuts Public Access To eWallet For Digital Yuan

by CBDC Insider Staff
August 31, 2020
in Asia, Business
Reading Time: 1min read
0
Chinese Bank Shuts Public Access To eWallet For Digital Yuan
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One of the four largest Chinese banks swiftly disabled its new soft launch for a digital yuan wallet after its quiet rollout got mass attention, according to CoinDesk.
Users of the China Construction Bank (CCB) began to notice the digital wallet feature, added suddenly and without fanfare to the mobile app. Users could search “digital currency” and find the app — and furthermore, they could activate it by entering the mobile phone number associated with their CCB account.
Some users even got to make small transactions in the digital wallet before the banking giant noticed and disabled it.

Continue read: https://www.pymnts.com/cryptocurrency/2020/chinese-bank-shuts-public-access-to-ewallet-for-digital-yuan/

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