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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.

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. China To Pay Interest On Digital Yuan Deposits The digital yuan is about to reach parity with […]

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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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