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Foreign Travelers Can Now Use China’s Digital Yuan App

Visitors to China can now buy digital yuan tokens with overseas cards via the central bank’s official CBDC mobile app. Per the China Business News, via Yicai, the bank has updated its app to allow visitors to China “to download the digital yuan app from app marketplaces.” The platform has been updated in time for the Asian Games, currently underway in Hangzhou. While foreign visitors have been encouraged to use the CBDC at previous events, this is the first time they have been allowed to use mobile CBDC wallets. The new service allows international visitors to create e-CNY wallets online, which they must “top up” with at least 100 yuan.

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