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Today in crypto, China’s central bank is establishing an international operations center to broaden the global reach of its digital yuan. In Iran, crypto exchange Nobitex was reportedly hacked by a group linked to Israel. Meanwhile, several publicly traded companies have raised hundreds of millions of dollars to increase their crypto holdings.
China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision for its central bank digital currency (CBDC).
According to a Reuters report, China is creating an international operations center in Shanghai for the digital yuan, also known as e-CNY. Pan made the remarks at the Lujiazui Forum, a professional forum for high-profile local and international finance regulators and executives.
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