TechFlow news, on December 30, the International Air Transport Association (IATA) announced the successful completion of the digital RMB pilot program in China's BSP, marking that China's BSP can now support two-way digital RMB transactions between airlines and agents. This key milestone makes China the first IATA settlement market to support a central bank digital currency, setting a benchmark for central bank digital currency applications in IATA's air transport settlement system.
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