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    China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals

    • Post author:MiamiCrypto
    • Post published:September 11, 2024
    • Post category:Bank for International Settlements/CBDC/Central Bank/China/cross border/Cryptocurrency/Digital Assets/Digital Yuan/Featured/global/Hong Kong/lu lei/Payments/PBOC/Thailand/UAE

    China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank…

    Continue ReadingChina’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals
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