Digital yuan campaign planned for contested island in the South China Sea
Cointelegraph
Published Apr 08, 2021 06:23AM ET
Updated Apr 08, 2021 08:00AM ET
South China’s Hainan Province, which administers the prefectural Sansha City on a disputed archipelago in the South China Sea, will run a two-week campaign later this month to promote the use of the digital yuan among island residents.
The city, established in 2012, is on the front line of disputes over territorial claims in the South China Sea and is unusual in being both the People Republic of China’s smallest city by population and its largest by geographic reach — formally encompassing over 280 islands and their surrounding waters, reaching almost 800,000 square miles of sea and land area.
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Written By: Cointelegraph
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