TechFlow news, on January 5th, according to a report from 21st Century Business Herald, recently, under the guidance of the People's Bank of China, MYbank completed the first cross-border digital RMB scan-to-pay transaction at a merchant in Laos by connecting to the cross-border digital payment platform of the Digital Currency International Operation Center. This marks the latest progress in the bilateral cross-border digital payment cooperation project between the central banks of China and Laos. The establishment of this pathway signifies the first realization of "internal packaging, external use" for digital RMB, providing a new payment method for Chinese residents when making purchases abroad. It also reflects the deepening cooperation in central bank digital currencies between China and Laos.
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