Central bank: Sanctions announced for refusing to accept cash, RMB and cash will stay together for a long time.

10月
31
2021-10-31 09:55
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Golden Financial Institutions has announced that it has announced penalties for non-payment of RMB for the third quarter of 2021, bank card, internet payment and mobile payments. A digital RMB pilot project is underway in some areas. Electronic payments are not the basis for refusing to accept cash. The digital renminbi will equal future cash flow and will not play a significant role. Impact on Existing Financial Processes and the Real Economy In the future, the yuan and cash will stay together for a long time. (China Business News)

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