Mastercard in Talks With China’s Central Bank in Push To Support Digital Yuan: Report

Mastercard is reportedly negotiating with China’s central bank to support cross-border use of the digital yuan. According to SCMP, the card payments giant is in talks with the People’s Bank of China (PBOC) and other central banks to enable the conversion of their respective digital currencies into fiat currencies. The idea is to use Mastercard’s … Continue reading Mastercard in Talks With China’s Central Bank in Push To Support Digital Yuan: Report