Recent events in China indicate the country’s paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a significant part of the Chinese currency through its rapid development. Furthermore, the government is putting more commitment and support into ensuring its adoption and consumption globally.
The Government Gifts Digital Yuan
This year’s Spring Festival holidays in China brought more digital yuan (e-CNY) exposure through diverse commercial and government-sponsored activities, as well as digital yuan donations made by the government to increase the currency’s adoption.
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