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50,000 shoppers give China’s digital yuan its biggest test yet

(Bloomberg)—Tens of thousands of Chinese this week spent digital yuan at Walmart, gas stations and convenience stores across the southern tech hub of Shenzhen. The experiment—unprecedented in scope and size—went off without a hitch, catapulting the world’s No. 2 economy to the forefront of a race to develop virtual money. The real-world test is thus […]

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