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China ponders launching a digital yuan-based exchange in Beijing

November 27, 2021
Source: cryptopolitan.com cryptopolitan.com
News Snapshot:
TL;DR Breakdown - China is thinking about launching a digital asset exchange platform in Beijing. - The exchange platform has a specific aim of promoting the use of digital Yuan. - Efforts to speed up the creation of Central Bank Digital Currency are high, with players working around the table to achieve it. People’s republic of china is thinking about putting up an exchange for trading digital assets in Beijing. Apart from trading on virtual assets, the exchange aims to promote the use of the digital Yuan. Recently, there has been a speedup of efforts to develop its Central Bank...
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Tags: AIM | ban | bank | Bank of China | Beijing | bitcoin | blockchain | blocked | boycott | Business | China | Chinese | commission | crypto | cryptocurrency | currency | E-CNY | Economy | finance | fintech | Olympics | Renminbi | sports | technology | Yuan

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