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.

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