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China's Digital Yuan (e-CNY) Surpasses $250 Billion in Transactions by June, Paving the Way for a Cashless Economy

Published: July 28, 2023

The governor of China's central bank recently announced that the country's digital currency (CBDC) usage had reached 1.8 trillion yuan...

Source: economywatch.com

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People BankChina Central BankDigital YuanCentral BankDigital Yuan Transactions ReachDigital Currency UsageTransforming ChinaShanghai Clearing HouseTrading PsychologySpeculative PositioningMarket Sentiment