cryptonews
2021-09-04 01:00:00

Chinese Banks Bolster Digital Yuan Resources Prior to CBDC Debut

Major Chinese banks are beefing up their digital yuan capacities ahead of the imminent launch of the nation’s central bank digital currency (CBDC).Per the Securities Daily (via East Money), a number of the commercial banks that have already begun working with the central People’s Bank of China (PBoC) on pilots for the digital CNY are building up infrastructure that

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