Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention

[Galaxy]

A major bank quietly opened up a wallet service for China’s central bank digital currency to public users – but quickly disabled it after the feature gained widespread attention.

Around noon on Saturday local time, users of China Construction Bank (CCB), one of the big-four state-owned commercial banks, started to notice that a central bank digital currency wallet feature was available inside the bank’s mobile app.

By searching “digital currency” in Chinese, users of the app could navigate to the digital yuan wallet service and further activate it by registering with a mobile phone number associated with their bank accounts at CCB.
Info link: https://www.coindesk.com/bank-registration-china-digital-currency