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Bank of China Accentuates Urgent Need for CBDC Amidst the Pandemic

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China's e-yuan Digital Currency Part of Concerted 2020 Fintech Push

China's e-yuan Digital Currency Part of Concerted 2020 Fintech PushAccording to a statement by Guo Weimin, Bank of China’s chief scientist, the economic turmoil caused by the pandemic is one of the reasons why Chinese corporations should urgently shift to the use of digital currencies, stating: “There will be a lot of challenges from the pandemic that will make good cases for the use

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