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Digital Yuan (ECNY CURNCY)

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Analysis
Financials • China
The e-CNY, also known as Digital yuan or digital RMB introduced by PBOC (People Bank of China), is the electronic form of Chinese Renminbi, and like Chinese Renminbi, it aims to circulate around deposit accounts and other transactions method. China has adopted to work on a mechanism of the cashless economy through Chinese digital currency e-CNY targets to replace the dollar as the world’s reserve currency.
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bullish•Cross Asset Strategy
•16 Aug 2022 10:06•Syndicated

CX Daily: The Challenges Ahead for China’s Digital Yuan

Digital yuan / Cover Story: The challenges ahead for China’s digital yuan. Floods / Flash floods in Southwest China kill seven as tourists ignore...

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Caixin Global
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bullish•Digital Yuan
•15 Jul 2022 12:13•Syndicated

Digital Yuan Transactions in China Hit $12b in First 5 Months of 2022

Transactions of China’s digital yuan reached 83 billion yuan (US$12.3 billion) in the first five months of 2022. A total of 264 million...

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Tech in Asia
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