China has inaugurated an international operations centre for its central bank digital currency (CBDC), the e-CNY, marking a significant move to enhance its global presence. This development is part of China's broader strategy to promote the use of its digital currency beyond domestic borders, potentially increasing its influence in the global financial system. The establishment of this centre underscores China's commitment to advancing its digital currency initiatives on an international scale.
China Launches International Operations Centre for e-CNY
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.