China opens a digital yuan management center to accelerate CBDC integration

China has quietly taken a bold step. According to the South China Morning Post, on Thursday the People's Bank of China (PBOC) opened an international operations center in Shanghai for its digital currency — the digital yuan (e-CNY)

Earlier this week, the Chinese regulator warned some brokerage firms to suspend real-world asset (RWA) tokenization activities in Hong Kong

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