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China has opened a new digital yuan operations center in Shanghai for cross-border payment and blockchain services.

The initiative is intended to enhance settlement efficiency, and serve as building blocks toward a broader framework for e-CNY integration.

Pop Culture Group, a relatively unknown Chinese media company, has announced plans to purchase 1,000 bitcoins.

China launches a digital yuan operations hub in Shanghai to oversee cross-border payments, blockchain services and digital-asset platforms.

China has launched a digital yuan hub in Shanghai to boost the currency’s international adoption for trade and cross-border ...