Digital Yuan (e-CNY), the Chinese soverign national digital currency is now being used as a settlement tool for insurance policies. Insurance giant Ping An Property & Casualty Shenzhen Branch teamed up with Bank of China Shenzhen to issue the first even digital yuan settled insurance policy. The policy is exclusively available for the medical staff in Shenzhen’s Nanshan District, reported a local daily.
Chinese Insurance Giant Ping An Starts Issuing Digital Yuan Settled Policies
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21 July 2021 08:21, UTC