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Digital Yuan Can Now Be Used to Pay for Electricity Bills

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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 PushThe digital Yuan can be touted as the most advanced central bank digital currency (CBDC) yet. After developing the state-backed cryptocurrency for years, China continues to add new sectors where residents can spend their digital money, and the latest seems to be electricity bills. According to Economic Information Daily, a local financial media outlet, a

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