The writer says the electronic yuan is expected to greatly improve in the future with wider acceptance. - Reuters
BEIJING (China Daily/Asia News Network): The electronic yuan, or e-CNY, is the digital version of fiat currency issued by the China's central bank, and operated by authorised agents.
It is a value-based, quasi-account-based, and account-based hybrid payment instrument with legal tender status and loosely covered account linkage.
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