The digital yuan is already the official virtual currency in China.
This Monday, the Central Bank of China officially unveiled the digital yuan as the country's official virtual currency. Yuan Pay Group was chosen to distribute it, manage transactions and secure online commerce, payments of which are made in this cryptocurrency.
The adoption of the digital yuan has been such that its price continues to rise. Since its original cost of $ 0.01, its price has already surpassed $ 0.18 per unit, and its value is continually updated every 15 minutes, according to the Yuan Pay Group website.
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