Cointime

Download App
iOS & Android

Guangzhou Digital Currency 2.0 Plan Released: Explore and Promote the Use of Digital RMB as a Unified Payment Method for Prepaid Payments in the City

the Guangzhou Municipal Committee of Finance recently issued the "Action Plan for Further Promoting the Work of Guangzhou Digital RMB" (referred to as "DigiRMB 2.0 Plan"). The "Action Plan" clarifies the main tasks of the pilot work in seven aspects. First, further play the functional role of member units of the Guangzhou Digital RMB Working Leading Group. Each unit will develop innovative and promotional digital RMB application scenarios around its respective management areas, and implement no less than one application scenario in its respective management areas. Second, explore and promote digital RMB as the unified payment method for prepaid services in the city. Third, vigorously build various digital RMB application demonstration areas. Fourth, further enrich and improve the application scenarios of digital RMB in the transportation sector. Fifth, promote innovative digital RMB application scenarios in the Hong Kong and Macau maritime and aviation fields. Sixth, actively promote the application of digital RMB in cross-border payment and other businesses. Actively promote the participation of digital RMB operating agencies and related enterprises in the pilot testing of multilateral central bank digital currency bridge in the Guangzhou area. The digital RMB application will be implemented on the Guangzhou Commodity Exchange's commodity trading platform and the Guangzhou Shipping Trading Company's Guangzhou Shipping Trading Platform. Seventh, vigorously enhance the industrial foundation of digital RMB.

Comments

All Comments

Recommended for you

  • Anthropic Chooses Nasdaq for IPO

    On September 14, Business Insider reported, citing an informed source, that Anthropic has selected Nasdaq as the potential listing venue for its IPO. According to another insider, the company, which plans to go public in October, has chosen Nasdaq, marking a significant win for the exchange in its competitive landscape. Earlier this year, Nasdaq successfully secured the listing of SpaceX, which is valued at $1.75 trillion, while some estimates suggest that Anthropic's valuation could reach $2 trillion, although this figure has not yet been finalized. Previously, OpenAI CEO Sam Altman stated that OpenAI would not go public at this time due to concerns regarding the existential threats AI may pose to humanity.
  • Anthropic Chooses Nasdaq for IPO

    On September 14, Business Insider reported, citing an informed source, that Anthropic has chosen Nasdaq as the potential listing venue for its IPO. According to another source, the company, which plans to go public in October, selecting Nasdaq signifies a significant win in the competition among exchanges. Earlier this year, Nasdaq successfully secured the listing of SpaceX, which is valued at $1.75 trillion, while some estimates suggest that Anthropic's valuation could reach $2 trillion, although this figure has not yet been finalized. Previously, OpenAI CEO Sam Altman stated that OpenAI would not go public at this time due to concerns regarding the existential threats AI may pose to humanity.
  • Anthropic Chooses Nasdaq for IPO

    On September 14, Business Insider reported, citing an informed source, that Anthropic has selected Nasdaq as the potential listing venue for its IPO. According to another insider, the company, which plans to go public in October, has chosen Nasdaq, marking a significant win for the exchange in its competitive landscape. Earlier this year, Nasdaq successfully secured the listing for SpaceX, which is valued at $1.75 trillion. Some estimates suggest that Anthropic's valuation could reach $2 trillion, although this figure has not yet been finalized. Previously, OpenAI CEO Sam Altman stated that OpenAI would not go public at this time due to concerns about the existential threats AI may pose to humanity.
  • Bitfinex Sees 1,377 BTC Inflow in 24 Hours

    According to monitoring by AiCoin, there has been a significant flow of funds at the Bitfinex exchange. In the past 24 hours, the exchange's wallet has received an inflow of 1,377 BTC, valued at $138 million. Currently, its BTC wallet balance stands at 420,400 BTC.
  • Bitfinex Sees 1,377 BTC Inflow in 24 Hours

    According to monitoring by AiCoin, there has been a significant flow of funds at the Bitfinex exchange. In the past 24 hours, the exchange's wallet has received an inflow of 1,377 BTC, valued at $138 million. Currently, its BTC wallet balance stands at 420,400 BTC.
  • Trump: Iran War Will End, Possibly Before Midterm Elections

    On September 13, U.S. President Trump stated that the Iran war will end, possibly before the midterm elections or immediately after. Iran is very eager to reach an agreement. He does not care whether Gulf countries meet with Iran, as that is their choice. When asked if the artificial intelligence industry should slow its development pace, Trump remarked that whoever wins in artificial intelligence will win the future.
  • Trump: Iran War Will End, Possibly Before Midterm Elections

    On September 13, U.S. President Trump stated that the Iran war will end, potentially before the midterm elections or immediately after. Iran is very eager to reach an agreement. He does not care whether Gulf countries meet with Iran, as that is their choice. When asked if the artificial intelligence industry should slow down its development pace, Trump remarked that whoever wins in AI will win the future.
  • Hassett: Cautious Approach to Interest Rate Hikes

    On September 3, White House economic advisor Hassett stated that he would take a cautious approach to interest rate hikes based on inflation data. Previously, when asked whether the Federal Reserve would raise interest rates in its decision next week, Trump said, 'I don't know, but we should have the lowest interest rates in the world.' (CLS)
  • Hassett: Cautious Approach to Interest Rate Hikes

    On September 3, White House economic advisor Hassett stated that he would take a cautious approach to interest rate hikes based on inflation data. Previously, when asked whether the Federal Reserve would raise rates at its decision next week, Trump said, 'I don't know, but we should have the lowest rates in the world.' (CLS)
  • Trump: Whoever Wins AI, Wins the Future

    On September 3, U.S. President Trump was asked whether the artificial intelligence industry should slow down its development pace. He stated that whoever wins in artificial intelligence will win the future. We can set up safeguards regarding AI, but some voices are overly negative. (CLS)