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Almost 490,000 Vendors in China’s Changsha Accept Digital Yuan Payments

Nearly 490,000 vendors in China’s Changsha now accept digital yuan payments, the city’s government has claimed as the nation’s CBDC pilot continues. Per the Changsha Evening News (via Huasheng Online), this year has seen...

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

Almost 490,000 Vendors in China’s Changsha Accept Digital Yuan Payments
Nearly 490,000 vendors in China’s Changsha now accept digital yuan payments, the city’s government has claimed as the nation’s CBDC pilot continues.
Per the Changsha Evening News (via Huasheng Online), this year has seen Changsha expand its digital yuan use-case scenarios “into key areas such as government services, public transportation, inclusive finance, and rural revitalization projects.”...
Read More: Almost 490,000 Vendors in China’s Changsha Accept Digital Yuan Payments

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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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