Tag: e-CNY

  • USD 14 million cross-border e-CNY gold transaction completed in Shanghai

    USD 14 million cross-border e-CNY gold transaction completed in Shanghai

    Published: September 15, 2023 In a groundbreaking move, a USD 14 million cross-border e-CNY gold transaction was successfully completed in Shanghai, signifying the growing importance of digital currencies in international trade. The transaction, facilitated by the Shanghai Gold Exchange (SGE) and China’s central bank, involved the use of e-CNY (digital Chinese Yuan) to purchase a…