Logo 13 Dec 2022

e-CNY plugs into Taobao

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On Monday, Ant Group’s Chief Compliance Officer Li Chen announced that Alibaba’s Taobao will support the digital yuan (e-CNY) as a payment option. 
Some context: Some of China’s most popular ecommerce apps - like JD and Meituan - have already integrated e-CNY as a payment option over the past couple...