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China's big steps in financial transformation: record 180 million wallets and 7.3 trillion yuan transactions The Central Bank of China's (CBDC) digital currency program called e-CNY has reached a record 180 million personal wallets and transactions worth 7.3 trillion yuan ($1.02 trillion) by July 2024. This success reflects China's efforts to modernize its financial system and change the way it transfers money.
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