China Sets Milestone with Inaugural Cross-Border Digital Yuan Transaction

China achieves a significant milestone in its digital currency revolution as the Bank of Chinas Shanghai Branch completes the first-ever cross-border digital yuan transaction, marking a major step forward in the global adoption of Chinas central bank digital currency (CBDC). The First Cross-Border Digital Yuan Transaction According to reports from CoinGape, the Peoples Bank of China (PBOC) has successfully initiated the first-ever cross-border digital yuan transaction. This signals a significant stride in the nations commitment to advancing its central bank digital currency (CBDC) and...

source: https://tokenpost.com/China-Sets-Milestone-with-Inaugural-Cross-Border-Digital-Yuan-Transaction-10938

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Published by: Book Club
Source: NewsService