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Chinese City of Suzhou Aims to Transact $297bn Worth of Digital Yuan in 2023 The city of Suzhou, in China, hopes its residents and local firms will transact a cumulative total of around $297 billion worth of the central bank's digital yuan token this year. Per Shanghai Securities News, the city - one of the most populous and wealthiest in China - has unveiled a new plan for its digtal yuan adoption drive. The plan includes a range of goals that it hopes to meet by 2025....
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