The Digital Yuan on The Daily Commute
Jul 22, 2021
3 minutes
By Matteo Giovannini
The People’s Bank of China has been stepping up promotion of the digital yuan, a so-called Central Bank Digital Currency that aims to replace some of the cash in circulation. It represents an argument that places the country at the feverish center of a hot debate engaging international government officials, economists, bankers and business executives alike.
One crucial question remains: How will this digital currency fare in daily life?
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