Chinese banks tell staff to recruit up to 300 new digital yuan users each

Cointelegraph

Published Jul 06, 2021 09:13PM ET

Updated Jul 06, 2021 11:20PM ET

Chinese banks have begun a hard sell of digital yuan wallets, asking staff to recruit hundreds of new users each year.

According to a translation of a June 6 article from Shenlian Caijing, employees of top banks such as the Industrial and Commercial Bank of China and the Bank of Communications, along with four other state-owned banks, have been instructed to promote digital yuan wallets to an average of 200 to 300 people a year.

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