China Inaugurates Digital Yuan Operation Centre to Push CBDC Integration: Report
PositiveCryptocurrency

China has officially inaugurated its Digital Yuan Operation Centre, marking a significant step towards the integration of its Central Bank Digital Currency (CBDC). This initiative is crucial as it aims to enhance the efficiency of digital transactions and promote the use of the digital yuan both domestically and internationally. By establishing this centre, China is positioning itself at the forefront of the global digital currency landscape, which could have far-reaching implications for the future of finance.
— Curated by the World Pulse Now AI Editorial System