Chongqing reports US$43 mln digital yuan trading volume in debut month
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China southwestern municipality Chongqing recorded 288 million yuan (US$43 million) in total digital yuan trading volume across 1.576 million transactions as of May 15, the People’s Bank of China’s…
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A Chongqing-based company became the first in the city to pay taxes with China’s central bank digital currency (CBDC), the digital yuan, according to local media. See related article: China to issue... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan can be used at nearly 5,000 stores with no... [[ This is a content summary only. Visit my website for full links, other content, and…
The Chinese authorities is gifting away 15 million yuan in central financial institution digital foreign money (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan can be utilized at... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…