Xinhua News Agency’s affiliate newspaper, Economic Information and facts Everyday, Thursday printed an op ed suggesting measures for the additional adoption of the digital yuan.

See associated write-up: The digital yuan’s de-dollarization

Rapid info

  • Area governments should elevate their budgets to encourage the pilot, the editorial mentioned. 
  • Condition-owned entities should really get the lead in adopting e-CNY, it extra.
  • The op ed also implies growing the electronic yuan to far more retailers, particularly e-commerce platforms, and launch a lot more strategies to advertise the CBDC to the general public.
  • The central bank need to get the job done on

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