More than 3,000 ATMs in Beijing can now convert digital yuan to cash By Cointelegraph

More than 3,000 ATMs in Beijing can now convert digital yuan to cash

China continues to adopt its central bank digital currency (CBDC) as big banks launch a large batch of yuan-fed ATMs.

The digital yuan – a CBDC controlled by the People’s Bank of China – is now available for deposits and withdrawals at more than 3,000 ATMs across Beijing, according to the state-run Xinhua news agency. reported Friday.

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