TNPSC Thervupettagam

e-RMB - Digital Currency

May 5 , 2020 1452 days 827 0
  • China is to trial a digital yuan in four urban areas of it.  
  • It seeks to be the first major economy to launch a digital currency.
  • The People’s Bank of China (PBOC) will be the sole issuer of the digital yuan.

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