Latest Shanghai test gives preview of card-based hardware wallets for the digital yuan

Quick Take

  • Though it was known that the digital yuan is supposed to come with hardware wallets, the latest Shanghai test offered a glimpse at a prototype. 
  • The hardware wallets can be more private and and user-friendly than mobile app wallets, according to local news reports
Images that have emerged from a recent test of China's central bank digital currency reveal hardware wallets that resemble bank payment cards.

Subscribe to The Block to
Unlock this Feature

Choose Your Plan

Save $ vs. paying monthly

Annual

$
per year
Join Now

Monthly

$
per month
Join Now

Questions?

If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Related Reading

More