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Chinese City to Pay Salaries ‘100%’ in Digital Yuan – Is CBDC Adoption Accelerating?

A Chinese city wants to pull off a world first – by becoming the first city to pay its employees entirely in a central bank digital currency (CBDC). The move would be a massive breakthrough for the People’s Bank of China...

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

Chinese City to Pay Salaries ‘100%’ in Digital Yuan – Is CBDC Adoption Accelerating?
A Chinese city wants to pull off a world first – by becoming the first city to pay its employees entirely in a central bank digital currency (CBDC).
The move would be a massive breakthrough for the People’s Bank of China (PBoC) and its digital yuan token....
Read More: Chinese City to Pay Salaries ‘100%’ in Digital Yuan – Is CBDC Adoption Accelerating?

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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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