Digital yuan pilot attracts Chinese province bordering Russia
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Heilongjiang province in northeastern China has joined the bid to compete with 10 other cities to become the next digital yuan pilot city, it announced on Monday. See related article: E-CNY chief…
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Jinhua, a city in China’s southeastern province Zhejiang, has announced that it has totaled at least 23,929,100 yuan (US$3.5 million) in digital yuan transactions in its debut month, with 556,600... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
An anonymous company based in Hangzhou told state media that it has signed deals with major commercial banks to facilitate the digital yuan, hinting China’s southeastern city could be a winning... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…
Hong Kong will soon roll out a pilot program for the retail cross-border use of e-CNY — China’s central bank digital currency (CBDC) — and small and midsize businesses could be major beneficiaries,... [[ This is a content summary only. Visit my website for full links, other content, and more!…