e-CNY makes headway – but there’s a long way to go
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On Wednesday, the central bank (PBoC) published a report pumping its success in pushing digital yuan (e-CNY) adoption.
The latest progress:
As of August 2022, e-CNY transactions totaled RMB 100 billion, up from RMB 83 billion in May.
The number of merchants supporting e-CNY payments rea...