China reaches $250bn in CBDC transactions
China has recently reached a financial milestone by surpassing $250bn (£196bn) in Central Bank Digital Currency (CBDCs) transactions. Reuters reported that this was revealed by Yi Gang, the Governor of the People’s Bank of China, at a conference hosted by the Monetary Authority of Singapore where he also reminded the audience that China’s CBDC was … Continue reading China reaches $250bn in CBDC transactions
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