Chinese local governments have started paying public employees in "digital yuan," a move experts say leaves users open to surveillance and instant revocation of their funds if officials see fit. Digital yuan is a virtual currency that people can load on their phones and use to buy groceries, ride public transportation and pay medical bills, but is only usable while connected to the internet – a major drawback in the eyes of many. Civil servants and employees at state-owned enterprises in eastern China's Jiangsu province will receive all of their May paycheck in the form of digital currency, authorities in Changshu ... (full story)