EconomyFinance
Digital Yuan Cross-Border Network Expands Steadily
China's digital yuan cross-border platform CBETS has drawn 65 financial institutions as PBOC builds payment links with Hong Kong, Laos and Singapore.
—5 min read
Tag
3 articles
China's digital yuan cross-border platform CBETS has drawn 65 financial institutions as PBOC builds payment links with Hong Kong, Laos and Singapore.
China's central bank adds 8 new digital RMB operating institutions, bringing total to 30 and covering all national banks for the first time.
China's digital yuan made its first outbound cross-border payment to Malaysia, settling a durian trade in 30 minutes outside the Swift system.