Hey fellow traders, hot news here! Rumor has it that China is planning to set up a national clearing agency for the digital yuan.

This could be a game-changing move to boost the adoption of DCEP on a larger scale, both domestically and internationally.

This also fits into their long-term strategy to internationalize their currency and reduce dependency on the USD.

What do you guys think about this move from China? How will it impact the crypto market in general and payment-related altcoins in particular?

#CBDC #CNY
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