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China’s digital yuan nears $250B transaction volume: Central bank governor

Published 07/20/2023, 01:29 AM
Updated 07/20/2023, 03:00 AM

Nearly $250 billion worth of transactions have taken place using China’s digital yuan in the one-and-a-half years since the start of its pilot, the country’s central bank governor has claimed.

On July 19, People’s Bank of China governor Yi Gang told a conference in Singapore that its central bank digital currency transacted 1.8 trillion yuan as of the end of June.

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