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Digital Yuan Can Now Be Used to Pay for Electricity Bills

The digital Yuan can be touted as the most advanced central bank digital currency (CBDC) yet. After developing the state-backed cryptocurrency for years, China continues to add new sectors where residents can spend their digital money, and the latest seems to be electricity bills.

According to...

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By: Anna Larsen

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#CBDC #ChinaCbdc #DigitalYuan