Sentiment: Positive
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CBDC: Shanghai Financial Service Launches Digital Yuan Services
By Kent Glory at 2025-04-15 21:45
Sentiment: Positive
The Chinese central bank’s financial services clearing counterparty, the Shanghai Clearing House, launched digital yuan (a CBDC) clearing and settlement services on Monday, July 26. According to a June 26 announcement, the latest services enable cross-border settlements on commodities using the digital yuan. This move marks another step in China’s efforts to facilitate the institutional […] Continue reading...
Categories: CBDC
Tags: #CBDC #China Central Bank #China digital yuan #Digital Yuan #Shanghai Clearing House
Source Bitcoinist