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no one’s talking about China’s digital yuan center in Shanghai?! 🤯🇨🇳💰 get ready for some serious global
wait, China making big moves with digital Yuan? 🇨🇳🚀 What does this mean for crypto worldwide?! ðŸ«
Banque Populaire de China (PBOC) inaugurates a new Yuan digital operations center in Shanghai to boost the internationalization of the Yuan. This move is part of PBOC’s strategy to establish a multipolar monetary system. The hub will focus on cross-border payments, blockchain services, and cryptocurrency platforms, promoting China’s influence in the global financial system 🇨🇳💰. The launch of this center marks a significant step in the development of central bank digital currency (CBDC), aligning with President Xi Jinping’s vision to elevate China’s impact in global finance.
Shanghai Digital Yuan Center propels China’s ambition into global payment systems – Here’s how
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