Apps Featuring the Chinese Yuan: Why Are Banks Doing This?

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Pakistan Daballoti
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Published on ● Video Link: https://www.youtube.com/watch?v=AftybLLq3E0


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City commercial banks, joint-stock companies, rural commercial banks, rural credit cooperatives, and other financial institutions are all represented in the banking sector. The Digital Yuan Testing Process In the original testing, only six of China’s largest state-owned banks participated in the digital yuan process. Accordingly, 35 banks were tested from a wide range of financial institutions, including city banks, joint-stock corporations, and rural credit cooperatives.



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