E-commerce giant JD.com used China’s digital currency to pay some employees

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E-commerce giant JD.com used China’s digital currency to pay some employees

CNBC2021-04-27

KEY POINTS Chinese e-commerce company JD.com has paid some employees with the digital yuan. JD.com’s use of the digital yuan highlights how China’s central bank is increasing the scope of testing for...

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Comment（19）

Keat1996
·2021-04-27
hello
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baojia84
·2021-04-27
will singapore do the same too
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Brendonloy
·2021-04-27
hello !! have a good week trading ! like and comment :)
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2
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- OH WEI XIANG:
  Done
  2021-04-27
  Reply
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ycwoo
·2021-04-27
Good
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1
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Khoogl
·2021-04-27
Good
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2
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Stevenoh
·2021-04-27
Please Reply Me. Thank you very much
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3
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- 3SPY:
  Response pls
  2021-04-27
  Reply
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- OH WEI XIANG:
  Done
  2021-04-27
  Reply
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Stevenoh
·2021-04-27
Good
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3
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Six six six
·2021-04-27
Great
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1
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MrPoh
·2021-04-27
Good
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MrPoh
·2021-04-27
Great
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Kikiooi
·2021-04-27
Nee trend and more will come
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oOxfsOo
·2021-04-27
like n commen pls [得意]
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- jijimo:
  Ok
  2021-04-27
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HuatMonster
·2021-04-27
Coming
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NicSim
·2021-04-27
Is it cheaper?
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- Jloh:
  Tes
  2021-04-28
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- NicSim:
  Ya
  2021-04-27
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Angel686868686868
·2021-04-27
Nice
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1
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Timtan85
·2021-04-27
Like n comment
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- KyleFong:
  Done. Please comment back here as return
  2021-04-27
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- jijimo:
  Reply back plS
  2021-04-27
  Reply
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DesmondChin
·2021-04-27
Hahah, smart guy.... Subsidizes by government and use it to pay salaries
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5
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Stanwin
·2021-04-27
Hi
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Jonk
·2021-04-27
Cbdc the next big thing
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Also known the digital yuan or e-CNY, the digital currency is a way to replace coins and cash in circulation and is primarily focused on domestic use.\nThe digital yuan has not been rolled out nationwide yet, but the PBOC has carried out a number of trials across major cities in China. These pilot projects are conducted in the form of lotteries where the digital yuan is handed out to residents of a city for them to spend at certain retailers.JD.com has participated in these trials.\nOn Sunday, JD.com said in a blog post it had cooperated with the PBOC on the digital currency trials. The company also said it used the electronic money to pay salaries for some of its employees in January. JD revealed that it used the DC/EP to make payments to other businesses, too.\nJD’s efforts highlight new uses for China’s digital currency. It comes after PBOC Deputy Governor Li Bo said earlier this month that the central bank will be looking to increase the scope of trials for the currency. This could include allowing foreign visitors and athletes at the Beijing Winter Olympics in 2022 to use the digital yuan.\nChina’s digital yuan is not a cryptocurrency like bitcoin. Instead, it is issued by the central bank. China has taken the lead with so-called central bank digital currencies as other monetary authorities around the world explore issuing their own.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":377109203,"gmtCreate":1619501607402,"gmtModify":1704725011779,"author":{"id":"3574853120011572","authorId":"3574853120011572","name":"Keat1996","avatar":"https://static.tigerbbs.com/79068377c3da21ef873d98d54c0b2b13","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574853120011572","authorIdStr":"3574853120011572"},"htmlText":"hello","listText":"hello","text":"hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377109203","repostId":1138232748,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":377379050,"gmtCreate":1619500548370,"gmtModify":1704724997309,"author":{"id":"3552184499845368","authorId":"3552184499845368","name":"baojia84","avatar":"https://static.tigerbbs.com/d21f9fade527649c906c711d659fbf06","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3552184499845368","authorIdStr":"3552184499845368"},"htmlText":"will singapore do the same too","listText":"will singapore do the same too","text":"will singapore do the same too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377379050","repostId":1138232748,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":377353921,"gmtCreate":1619499018163,"gmtModify":1704724970318,"author":{"id":"3575454613808247","authorId":"3575454613808247","name":"Brendonloy","avatar":"https://static.tigerbbs.com/abb572c79a2e48d9b6eff026a7859fc3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575454613808247","authorIdStr":"3575454613808247"},"htmlText":"hello !! have a good week trading ! like and comment :)","listText":"hello !! have a good week trading ! like and comment :)","text":"hello !! have a good week trading ! like and comment :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/377353921","repostId":1138232748,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4146824,"gmtCreate":1619499242542,"gmtModify":1680785802451,"authorId":3574829133892207,"author":{"id":3574829133892207,"idStr":"3574829133892207","authorId":3574829133892207,"name":"OH WEI XIANG","avatar":"https://static.tigerbbs.com/999ecefe022ab8cb9f4c76c1f852fa86","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377353921,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":377367446,"gmtCreate":1619498125585,"gmtModify":1704724953444,"author":{"id":"3565146699964497","authorId":"3565146699964497","name":"ycwoo","avatar":"https://community-static.tradeup.com/news/2f48b4bbc66c0bf509f7199142c1a2f2","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3565146699964497","authorIdStr":"3565146699964497"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377367446","repostId":1138232748,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":377369075,"gmtCreate":1619497328297,"gmtModify":1704724940630,"author":{"id":"3566032787349185","authorId":"3566032787349185","name":"Khoogl","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566032787349185","authorIdStr":"3566032787349185"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377369075","repostId":1138232748,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":377314754,"gmtCreate":1619496553378,"gmtModify":1704724923326,"author":{"id":"3580551463324218","authorId":"3580551463324218","name":"Stevenoh","avatar":"https://static.tigerbbs.com/2864e71b7de77c92cd605a0a430bc5f1","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580551463324218","authorIdStr":"3580551463324218"},"htmlText":"Please Reply Me. Thank you very much&nbsp;","listText":"Please Reply Me. Thank you very much&nbsp;","text":"Please Reply Me. Thank you very much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/377314754","repostId":1138232748,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4146544,"gmtCreate":1619497078717,"gmtModify":1680785803641,"authorId":3573557817579971,"author":{"id":3573557817579971,"idStr":"3573557817579971","authorId":3573557817579971,"name":"3SPY","avatar":"https://static.tigerbbs.com/d0da4d80440800d9415c7b37917c8288","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377314754,"type":1,"supId":0,"prevId":0,"content":"Response pls","text":"Response pls","html":"Response pls"},{"id":4146826,"gmtCreate":1619499249593,"gmtModify":1680785800370,"authorId":3574829133892207,"author":{"id":3574829133892207,"idStr":"3574829133892207","authorId":3574829133892207,"name":"OH WEI 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six 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