The WSJ gives us a glimpse, in a short video, of what Beijing’s new system looks like and how it would work.
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What China’s New Digital Currency Tells Us About a Cashless Future
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China is testing a digital yuan, aiming to accelerate the replacement of cash and increase state control in a society where digital payments via WeChat Pay and Alipay are already the norm. Here is what Beijing’s new system looks like—and how it would work.
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