Chinese Charities Accepting Digital Yuan Donations - More CBDC Firsts to Come?

Chinese charities are now accepting digital yuan donations, with the nation's CBDC also breaking new ground in the world of corporate loans. Per the media outlet WXRB, the coastal province of Jiangsu has welcomed its first "online corporate and personal digital yuan donations platform." At a ceremony held earlier this week, the state-run commercial bank the Agricultural Bank of China made a CBDC donation to the Wuxi Charity Federation....