China
TokenPost
Two Chinese Universities to Pay Staff Salaries in Digital Yuan Starting November
- Yangzhou University's finance office said on October 20 it received advance notice from Jiangsu provincial finance authorities and will pay salaries of regular staff and personnel-agency contract workers via digital yuan wallets, asking staff to set up or upgrade wallets by October 23.
- Nantong University's finance office confirmed it received a similar provincial notice and will switch to digital yuan salary payments from November; since salary and performance-bonus payments use separate cards, staff must set up wallets for both, with a preparation deadline of October 30.
- Jiangsu Normal University's finance office has also begun related procedures for staff salary payments, according to the report (further details not fully disclosed).