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Chinese municipal bank issues first-ever digital yuan loan using intellectual property as collateral

The unnamed recipient of the loan said the e-CNY transaction was fast and efficient; they received an equivalent of 500,000 CNY, which was $74,020 at the time of publication.

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

Chinese municipal bank issues first-ever digital yuan loan using intellectual property as collateral

The unnamed recipient of the loan said the e-CNY transaction was fast and efficient; they received an equivalent of 500,000 CNY, which was $74,020 at the time of publication.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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