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Latest breaking stories, features and analysis

Report: China coerces McDonald’s to adopt e-CNY ahead of Winter Olympics
  • McDonald’s is testing e-CNY in 270 stores, but China wants it to support the CBDC in more restaurants.
  • McDonald’s claims that embracing e-CNY is a business decision and that it is not under any pressure.
  • Reportedly, McDonald’s is not the only foreign firm under pressure to integrate e-CNY payment systems.
October 20, 2021

Market analysis

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