The Shanghai Clearing House, a financial services clearing counterparty under China’s central bank, started digital yuan clearing and settlement services for…
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The Chinese central bank’s financial services clearing counterparty, the Shanghai Clearing House, launched digital yuan (a CBDC) clearing and settlement…
The digital yuan has made headway in the commodities market, with Shanghai Clearing House announcing that it would launch the digital yuan for clearing and settlement services for bulk commodity trading starting Monday.