April 26, 2024

McDonald's and Starbucks will test China's digital currency

</span>Chinese currency&#8221; src=&#8221;/wp-content/uploads/2020/04/f11e1546e7643227c5b9a18dd93cc1e4.jpg&#8221; alt=&#8221;McDonald&#8217;s and Starbucks will test China's digital currency&#8221; /></p>

According to information from the Chinese publication InterChain Pulse, restaurant chains McDonald's and Starbucks will test the digital currency of the central bank of China.

According to the source of the publication, the governmentthe new Xun'an district, crypto project developers and trading network representatives held a meeting on the possibility of introducing payments in the national digital currency of China.

In addition to Starbucks and McDonald's, the meeting was also attended by Subway and the popular Chinese dumpling chain Qing-Feng Baozi.&nbsp;

The meeting was also attended by employees of fourlargest commercial banks &#8211; Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China and China Construction Bank, as well as representatives of Tencent and Alipay.

Pilot programs in the new Xun'an area are mainly aimed at food and retail companies. At the same time, the government of Suzhou is testing digital currency in the city of Suzhou.

Recall that on April 25, China will launch itsBlockchain Service Network (BSN), the national blockchain platform, which will allow developers to code and test blockchain applications on a centralized platform.

Based on materialswww.theblockcrypto.com