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Former Chinese central banker says digital yuan ‘usage has been low’

A former China central banker said cumulative e-CNY transactions only crossed $14 billion in two years, adding the results were “not ideal.”

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

Former Chinese central banker says digital yuan ‘usage has been low’

A former China central banker said cumulative e-CNY transactions only crossed $14 billion in two years, adding the results were “not ideal.”

Why this matters

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

Original source

Read on Cointelegraph

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