A device for converting currencies into digital yuan presented in China
At the moment, the device supports 17 foreign assets. You do not need a bank account to complete the transaction, but a passport is required.
Bank of China presented a device that allows converting foreign currencies into digital yuan at the China International Import Expo in Shanghai, Coindesk writes with reference to the China Times. According to media reports, the device was developed for the Beijing 2022 Winter Olympics.
You need a passport to convert foreign currencies to digital yuan, but no bank account is required. At the moment, the device supports 17 foreign currencies, which are not reported.To know more visit our trading platform
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