Several companies in China, including the local authorities, are continually rolling out support for the long-planned digital yuan. However, the launch date remains unknown. JD.COM or Jingdong, the largest online retailer in China, is the latest company to support Chinese digital currency. As more companies and key financial services integrate support for the digital currency, there is a high chance that CBDC will play a prominent role in the country’s economy.
According to the report, the fintech affiliate of the company, JD Digits, has been tasked with developing a pilot program for the digital yuan this month. With that support, the customers can purchase any item from the e-commerce company using the central bank crypto as another payment option. On this note, the company will reportedly become the first e-commerce company to support digital currency.
Read more: https://www.cryptopolitan.com/digital-yuan-jd-com-to-support-purchases/
