Deputy Governor Of The PBOC Reveals Details Of CBDC Testing

The PBOC official recently revealed some data regarding digital yuan testing. The bank opened 113,300 wallets for personal use, and 8,859 for corporate users. In total, around $162 million was transacted in 3.1 million transactions, in a large variety of industries. China’s central bank, the People’s Bank of China, has been conducting CBDC tests in […]

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