I heard that China has released a new cryptocurrency, but I'm not sure what it is. Can someone please tell me the name and basic information about this new digital currency from China?
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    CryptoPioneer
    Mon Nov 04 2024
   
  
    The digital yuan has been issued by the People's Bank of China (PBOC).
  
  
 
            
            
  
    
    Carlo
    Mon Nov 04 2024
   
  
    BTCC, a leading cryptocurrency exchange, offers a range of services related to digital currencies.
  
  
 
            
            
  
    
    MountFujiView
    Mon Nov 04 2024
   
  
    It serves as a digitized version of the renminbi (RMB).
  
  
 
            
            
  
    
    SsangyongSpirit
    Mon Nov 04 2024
   
  
    The digital yuan maintains the same exchange rate as its physical counterpart.
  
  
 
            
            
  
    
    mia_anderson_painter
    Mon Nov 04 2024
   
  
    This digital currency aims to provide a seamless and efficient alternative to traditional cash transactions.