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China uses digital yuan as the quantity of active purses reached 140 million, reports National bank China Economics

November 5, 2021
Source: myseldon.com myseldon.com
News Snapshot:
According to Mu Changchongya, chapters of National bank China Digital Currency Institute, the number of natural and legal entities with digital purses in yuans in China reached 140 million and 10 million respectively for the end of October, 2021. The digital yuan which is widely known as for E-CYN, brought 62 billion yuans (9,7 billion dollars) as a result of 150 million processed trial transactions, reported Changchun at the Hong Kong conference of Fintech to Week on Wednesday. Active purses and total of transactions increased by 525% and 86% according to 24 million purses and 34,5 billion yuans by the...
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Tags: bank | Changchun | China | crypto | currency | digital | E-CNY | Economy | fintech | Hong Kong | KONG | legal | news | Renminbi | technology | Total | Yuan

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