DislikedChina's central bank, the People’s Bank of China (PboC), is proceeding with its plan to launch a central bank- backed digital currency (CBDC) in two major cities – the 14 million megalopolis of Shenzhen, which neighbors Hong Kong, and Suzhou - a historical city west of Shanghai. For the initial test, which can start as soon as this month the China's central bank is partnering with seven state owned corporations, among which four commercial...Ignored
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