Chinese city public servants to receive digital yuan salaries starting May
source link: https://fintechranking.com/2023/04/24/chinese-city-public-servants-to-receive-digital-yuan-salaries-starting-may/
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Chinese city public servants to receive digital yuan salaries starting May
The Chinese city of Changshu has stated that all civil servants in its jurisdiction will be paid their full salaries in digital yuan starting May 2023, according to local reports.
According to a notice issued by financial authorities in the city, civil servants — including those in public service, public institutions and state-owned units at all levels — will be compensated in digital yuan.
Read more: Cointelegraph
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