Virtual Yuan arrives in China; first 40 million digital Yuan placed on the market

Vectorium
2 min readJun 30, 2021

Beijing accelerates the step towards the digital transition; eco-sustainable cryptos will be our future.

After months of announcements, China officially opens the dance on the digital Yuan. The currency issued by the central bank is ready to become a tool with which the central government will significantly increase the gap in financial transactions.
The government distributed, as revealed by the well-known website Ansa, 40 million Yuan (6.2 million dollars) in digital form to the citizens of…

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