China’s Shenzhen Launches Digital Yuan Industrial Park

A group of Chinese firms will move into a CBDC-themed “digital yuan industrial park.”
Per the Shanghai Securities News and the Securities Times, the Southeastern city of Shenzhen held an “official launching ceremony” for its “first digital yuan industrial park” on the morning of October 11.
The ceremony was held at Shenzhen’s new Luohu Digital Yuan Application Demonstration Center, where nine companies signed “moving-in” agreements….
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