Groundbreaking: China to Pay Interest on Digital Yuan Deposits in Adoption Push
As part of its plan to accelerate the “construction of a financial power” and develop the digital yuan, the Central Bank of China has announced that it will allow commercial banks to pay interest on digital yuan deposits...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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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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