As Digital Yuan Hype Fades, China Must Find Fresh Institutional Use Cases
China’s e-CNY, the digital yuan, had once captured global attention as central banks, journalists, and politicians closely monitored its implications. The People’s Bank.
China’s e-CNY, the digital yuan, had once captured global attention as central banks, journalists, and politicians closely monitored its implications. The People’s Bank.
Economic Information Daily, a Xinhua News Agency affiliate publication, published an op-ed on Thursday outlining methods to accelerate the adoption of the digital.
According to Mu Changchun, director-general of the People’s Bank of China Digital Currency Initiative, China does not expect the digital dollar to have.
The Municipal Administrative Center of Beijing announces the launch of an e-CNY enterprise zone. Notably, this is to “explore the digital renminbi financial.