– China has taken another move in the space and marked a significant development for the globally. – Residents in five more Chinese cities were able to access digital Yuan wallets; this initiated Mid this week. – In the March work plan meeting, the People’s Bank of China also signified that it further plans to expand digital yuan pilots this year. China is at the vanguard when it comes to Central Bank Digital Currency ( CBDC ), and now another move of China in the space has marked a significant development for the CBDCs at a global level. A User…