China’s CBDC Adoption Plan Puts Domestic Monetary Control at Forefront

[Tnoy30]

China’s planned CBDC rollout is expected to see the digital yuan dovetailing with the country’s electronic payment systems.
Central bank digital currencies continue to be a popular topic of discussion within the crypto and broader financial circle, with China often dominating the headlines owing to the progress of its planned digital yuan project. On June 22, a former central bank senior official revealed that the country had completed the backend infrastructure for its planned CBDC.
Read on: https://cointelegraph.com/news/chinas-cbdc-adoption-plan-puts-domestic-monetary-control-at-forefront