For the first time, Beijing Chaoyang Court enforced the digital RMB account.

According to BlockBeats news on June 20th, it was reported by the Beijing News that a case of forced execution of a digital RMB account had recently been heard by the Chaoyang District People's Court in Beijing. Han borrowed a total of RMB 2 million from Cheng for business, but due to investment losses, he was unable to repay on time. Cheng applied for forced execution to the Chaoyang court, and the executing judge found that Han had opened a digital RMB account while doing business and still had a balance. Cheng was arranged to open a digital RMB account in the court and receive a transfer from Han. The remaining debt was settled through a reconciliation agreement, and Han used the proceeds from the auction of more than a thousand cultural relics and handicrafts to repay the debt. It is reported that this is the first time that the Chaoyang court has enforced a digital RMB account. It is reported that from 2013 to 2016, Cheng lent Han a total of RMB 2 million four times. Han did not