The country is boosting its efforts to roll out the online yuan to the general population. China is boosting its efforts to roll out its digital currency to the general population, as local tech giants such as Tencent and Alibaba join in with its use. That said, there are a spectrum of challenges in the way of the widespread use of this online yuan. The primary question is whether people across China who are already using two exceptionally popular mobile payments systems operated by Alibaba and Tencent will want to…
Read MoreChina wants its digital currency to reach greater use
