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Cryptopolitan 2023-12-21 10:48:02

Historic cross-border e-CNY Gold purchase in Shanghai

In a historic move, the first-ever cross-border settlement for precious metals using the digital yuan, also known as the e-CNY (Central Bank Digital Currency), was successfully executed in 2023. The transaction, valued at 100 million yuan (approximately $14 million), was facilitated by the Shanghai Financial Exchange International Board and orchestrated by the Bank of China’s

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