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Yuan going global: China tests its digital currency on e-commerce platforms

March 19th, 2021
Categories: News

Link: https://www.rt.com/business/518582-digital-yuan-going-global/

As part of a push to internationalize the yuan, China has been testing its digital currency on trading platforms around the world where it can be freely traded with other fiat currencies. Beijing is also setting up a legal framework for central bank digital currencies, or CBDCs, with global financial regulators.

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