Shanghai: Researching applications such as digital yuan to support blockchain value system payments
The full text of the newly revised "Regulations on Promoting the Construction of an International Financial Center in Shanghai" has been released, which states that the Shanghai Municipal People's Government should cooperate with the central financial management department to steadily promote the development and application of digital RMB in this city, build functional platforms such as digital RMB innovation and operation centers, facilitate the cross-border use of digital RMB, study applications such as digital RMB supporting blockchain value system payment, and promote more projects to be included in the digital currency bridge of multilateral central banks.