Friday, 24 March, 2023
China aims to advance it's digital currency, Yuan
<p>China continues to advance its digital currency, as it races to launch its central bank's digital currency (CBDC) globally. China said privacy protection and anti-counterfeiting needs to be improved with advancing the R&D of eCNY. It aims to meet all the needs of domestic payments as cross-border payments have their own complications. The digital currency impact will also be tested on financial markets and monetary policies.<br /> </p>
Read full story at South China Morning Post
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