Hardware wallet for digital yuan debuts in Xiong’an New Area

Cointelegraph

Published Feb 08, 2021 03:32AM ET

Updated Feb 08, 2021 05:20AM ET

A Chinese banking institution has completed the development of a hardware wallet for the country’s central bank digital currency, the digital yuan

According to a Feb. 7 announcement by Xiong’an authorities, the Xiong’an branch of the Agricultural Bank of China (OTC:ACGBF) in Hebei has produced the first hardware wallet designed for the digital yuan. The product was developed by the Party Working Committee of the Xiongan New Area and the People’s Bank of China branch in Shijiazhuang.

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