Chinese telecom operators are showing increasing interest in adopting the digital yuan, according to a report. The People's Bank of China (PBoC) is reportedly keen to involve the country's largest operators, such as China Telecom and China Unicorn, in the pilot. The PBoC believes that telecoms companies can help boost adoption, particularly among rural communities where 2G phone ownership is highest. The recently unveiled SIM cardâbased digital yuan wallet solution could be expanded to include options for 2G mobile users, and telecoms firms are also exploring ways to integrate the token into their own payment networks.
