China has taken important steps in implementing its digital central bank currency: the e-yuan. Around 200 million yuan are already in circulation, the equivalent of around 30 million US dollars. This makes China the first major economy to conduct comprehensive tests of an e-currency (as reported by China.Table). Only the Bahamas and Cambodia are further along, US consulting firm PWC has found. They have already gone through the testing phase. Internationally, however, the two states hardly play a role.
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