[CBDCs: China Seems Intent on Creating Digital Yuan for Local Use, and Potential Global Transactions, Report Reveals] In April of last year, China had started testing out the the virtual yuan, becoming one of the first world governments to issue a Central Bank Digital Currency (CBDC). CBDCs like the virtual renminbi are government-issued, blockchain or distributed ledger tech (DLT) -enabled versions of a country’s national currency.… Original URL: [Click here to visit original article]