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Chinese City of Suzhou Aims to Transact $297bn Worth of Digital Yuan in 2023

The city of Suzhou, in China, hopes its residents and local firms will transact a cumulative total of around $297 billion worth of the central bank’s digital yuan token this year. Per Shanghai Securities News, the city –...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Chinese City of Suzhou Aims to Transact $297bn Worth of Digital Yuan in 2023
The city of Suzhou, in China, hopes its residents and local firms will transact a cumulative total of around $297 billion worth of the central bank’s digital yuan token this year.
Per Shanghai Securities News, the city – one of the most populous and wealthiest in China – has unveiled a new plan for its digtal yuan adoption drive. The plan includes a range of goals that it hopes to meet by 2025....
Read More: Chinese City of Suzhou Aims to Transact $297bn Worth of Digital Yuan in 2023

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