JD.com Will Become The First Online Platform To Accept Digital Yuan

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Bloomberg revealed that “JD Digits, the e-commerce giant’s fintech affiliate, will launch a pilot program this month, and customers will pay for certain items with digital yuan, it said on its official WeChat account. About 100,000 digital cash vouchers, worth 20 million yuan in total, will be issued to residents of Suzhou city in the eastern province of Jiangsu on Dec. 11.”

Reuters added “Suzhou’s scheme is the second such digital lottery, after the PBOC issued 10 million yuan worth of digital currency to 50,000 randomly selected consumers in the southern city of Shenzhen.”

These developments confirmed that central banks are also considering their own digital currencies…

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