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Cryptopolitan 2023-12-10 22:06:09

Singapore and China launch Digital Yuan pilot for tourist transactions

Singapore and China have initiated a cross-border pilot program for the use of China’s central bank digital currency (CBDC), the digital yuan. This initiative, a collaboration between the Monetary Authority of Singapore (MAS) and the People’s Bank of China’s Digital Currency Institute (PBCDCI), aims to simplify transactions for tourists in both countries. Easing cross-border transactions ... Read more

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