Shanghai Clearing House Becomes First Asian Counterparty Clearing Institution to Support Digital Yuan Settlements
- Brandon Davis
- June 28, 2023
- Crypto, News
- China, Shanghai
- 0 Comments
The Shanghai Clearing House’s support for digital yuan settlements signifies a major step towards widespread adoption of the digital currency in cross-border transactions. Key Points In a groundbreaking move, the Shanghai Clearing House, the first counterparty clearing institution in Asia, unveiled its support for digital yuan settlements on Monday. This marks a significant milestone in the adoption of the …
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