China’s New Digital Yuan: Now With 5% Interest… And No One Knows What It Is!

Nearly one-third of the total investment-approximately $52 million-flowed into Lakala Payment Co., Ltd., a third-party payment processor that provides merchant acceptance solutions and hardware wallets for the digital yuan. The company’s share price rose over 12% on the Shenzhen Stock Exchange and continued climbing on December 30. 📈



