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Renminbi
Linked via "Central Bank Digital Currencies (CBDC"
Digital Yuan (e-CNY) Development
China is a global leader in the development of Central Bank Digital Currencies (CBDC/)), known as the Digital Renminbi or e-CNY. This is not a cryptocurrency in the traditional sense, as it operates on a centralized, permissioned ledger maintained exclusively by the People's Bank of China (PBOC/))'s Central Quantum Computing Facility [9].
Unlike standard fiat, the e-CNY po…