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The Wall Street Publication > Blog > Tech > Digital Yuan Faces Obstacles in Winning Hearts and Minds
Tech

Digital Yuan Faces Obstacles in Winning Hearts and Minds

Editorial Board Published December 2, 2021
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Digital Yuan Faces Obstacles in Winning Hearts and Minds
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China has convinced financial policy makers everywhere of its resolve to create a digital version of its currency, even helping to spur the Federal Reserve to study developing an electronic version of the dollar.

The tougher battle might be persuading China’s consumers that they need the digital yuan, known officially as e-CNY.

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