China Economy | Digital Yuan (e-CNY) 🇹🇳

The digital yuan (e-CNY) is the official digital form of China’s legal tender — the renminbi (RMB).

🎯 Key Goals

‱ Greater state control and transparency over money flows

‱ Reduced money laundering and illicit finance

‱ Long-term challenge to US dollar dominance in global finance

⚙ Core Features

‱ Instant domestic & cross-border transactions

‱ Fully traceable by the government

‱ Offline payments between two enabled devices

‱ Direct issuance by the central bank (PBoC)

China is quietly building the most advanced sovereign digital currency infrastructure in the world.#ChinaEconomy #DigitalYuanSyatem #eCNY #RMB #ChinaTech #CBDC$BTC

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