The Capital
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The Capital

Road to No Cash — China Surpasses 140 Million Users of Its e-CNY

China is making great strides towards the public launch of its CBDC.

Image: Getty Images

It was at the end of October 2019 that Xi Jinping had established that Blockchain technology should become a priority for China. As such, the development of a central bank digital currency (CBDC) made in China was to accelerate.

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