Bank Of China Completes First Cross-Border Digital Yuan Commodities Trade

The Bank of China Hong Kong, the second largest bank in the region, has completed its first cross-border digital yuan-based trade. The transaction, finalized with its sibling bank, the Bank of China, served to receive the payment for an imported iron ore commodity bulk trade, establishing the…#bankofchinahongkong #bankofchina #digitalyuan #cbdc #hongkong #baotransenterprises #xingguiwei #standardchartered #digitalyuanexchange #peoplesbankofchina
Source: Reuters: Health - Category: Consumer Health News Source Type: news