China, Singapore to let each other’s tourists pay with digital yuan as Beijing seeks to globalise its e-CNY currency (www.scmp.com)
from naturalgasbad@lemmy.ca to world@lemmy.world on 08 Dec 2023 21:48
https://lemmy.ca/post/10927393

#world

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blahsay@lemmy.world on 08 Dec 2023 22:16 collapse

Singapore would be would be wise to disentangle themselves as much as possible from the Chinese closed system.

It’s basically Bitcoin but it only works in China 😬

febra@lemmy.world on 08 Dec 2023 22:32 next collapse

Not necessarily. China is one of their main trade partners along with the US. Having multiple options for payment makes sense.

Dudewitbow@lemmy.zip on 08 Dec 2023 23:48 next collapse

Singapore is the busiest port in the world, it would be stupid for it to disconnect itself from anyone in the world.

driving_crooner@lemmy.eco.br on 09 Dec 2023 02:26 collapse

And apparently, jn Singapore too.