Regulation· ★★· neutral·

China's Chutian Dragon wins tender for digital yuan hardware wallet management system

  • —Chutian Dragon won the tender for a digital yuan hardware wallet management system
  • —Platform covers card issuance, data control, orders, updates and transaction operations
  • —Company plans expansion into retail payments, cross-border settlement and supply chain finance
Why it matters: Expanding digital yuan infrastructure strengthens China's CBDC push and could accelerate e-CNY adoption in retail.
Source: PANews