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China’s upcoming digital currency could be used without Chinese bank account – PBOC official


Chinese central bank is ready to let its upcoming digital currency "decoupled" from traditional bank accounts to allow tourists to use mobile payment services in the increasingly cashless society, said a central bank official.

The comments came after China's two payments giants Alipay and WeChat Pay announced plans to open up their platforms to foreigners visiting the mainland.

“Actually it could be decoupled from the traditional bank accounts. Thus, those who don’t have . . .

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