Bank Of China Completes First Cross-Border Digital Yuan Commodities Trade

// The Hong Kong subsidiary and its mainland-based branch set up digital yuan wallets to support this transaction, receiving the funds in the name of Bao-trans Enterprises as a payment for an order of imported iron ore. According to local press reports, this is the first time the financial institution has acted as an intermediary for a commodity bulk settlement using the digital yuan. https://coinspectator.com/bitcoin-com/2023/12/16/bank-of-china-completes-first-cross-border-digital-yuan-commodities-trade/ //

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