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China’s Digital Yuan Makes Import Tax, Commerce Breakthroughs – Are CBDCs Going Global?

Central bank digital currency (CBDC) adoption continues apace in China – where the digital yuan is breaking new ground in the worlds of import taxation and cross-border commerce. Securities Times reported that Guangdong,...

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

China’s Digital Yuan Makes Import Tax, Commerce Breakthroughs – Are CBDCs Going Global?
Central bank digital currency (CBDC) adoption continues apace in China – where the digital yuan is breaking new ground in the worlds of import taxation and cross-border commerce.
Securities Times reported that Guangdong, China, has begun issuing digital yuan import tax refunds....
Read More: China’s Digital Yuan Makes Import Tax, Commerce Breakthroughs – Are CBDCs Going Global?

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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