HONG KONG: China has made a recent push this week to persuade customers to check out the digital yuan, with the nation’s prime authorities physique endorsing the broader use of the digital forex in numerous eventualities. The State Council, China’s cupboard, mentioned in a coverage blueprint launched on Thursday that it might encourage using e-CNY in retail transactions, utility invoice funds, and the executive service. Whereas digital funds are presently dominated by industrial options, Tencent Holdings’ WeChat Pay has lately began giving customers the choice to pay by the digital yuan, whereas Alipay has included the operate since final yr....