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cryptonews
2022-10-13 09:54:00

China’s Central Bank Digital Yuan Transactions Surpass $14 Billion

China’s Central Bank Digital Yuan Transactions Surpass $14 Billion

China's digital yuan has processed over 100 billion yuan (close to $14 billion) worth of transactions so far, becoming the most widely adopted central bank digital currency (CBDC) across the globe. The e-CNY has recorded $13.9 billion worth of transactions as of August 31, the People’s Bank of China said via a verified WeChat account on October 10. The post added that the transaction volume increased by around 21% in two months since June....Read More: China’s Central Bank Digital Yuan Transactions Surpass $14 Billion

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