June 15, 2024

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HSBC China Introduces Digital Yuan Services for Corporate Clients

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HSBC China Introduces Digital Yuan Services for Corporate Clients
HSBC China Introduces Digital Yuan Services for Corporate ClientsHSBC Bank (China) Ltd. announced on Friday the launch of digital yuan (e-CNY) services for corporate clients, becoming one of the first international banks to provide these services to both corporate and retail customers. The e-CNY, or digital yuan, is China’s central bank digital currency (CBDC) issued by the People’s Bank of China (PBOC). Following […]