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Tuesday

27 July 2021

Digital yuan pilots expand to insurance industry for the first time

Digital yuan pilots expand to insurance industry for the first time


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Digital yuan pilots expand to insurance industry for the first time.

This week has reportedly seen the currency debut in the insurance industry, in the city of Shenzhen, where it is being piloted by the local branch of the People’s Bank of China together with a local subsidiary of China’s leading insurer, Ping An.

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