{"id":2645,"date":"2024-06-13T23:54:38","date_gmt":"2024-06-13T23:54:38","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=2645"},"modified":"2024-06-13T23:54:38","modified_gmt":"2024-06-13T23:54:38","slug":"digitalyuan-wallet","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/digitalyuan-wallet\/","title":{"rendered":"Digital\nYuan Wallet"},"content":{"rendered":"<p>The Chinese government intends to introduce the Digital Yuan, Digital Currency to the rest of the world at the 2022 Winter Olympics. It has the same value as paper currency.<\/p>\n<p>China&#8217;s digital currency is the Digital Yuan. It was first released in 2014 and it has been operational (at least in <a href=\"https:\/\/exam.pscnotes.com\/test\">test<\/a> mode) since then.<\/p>\n<p>The Digital Yuan is a fiat currency, not a . The Chinese Central Bank is in charge of it.<\/p>\n<p>The workings of the Digital Yuan are divided into two categories. Expenses and Distribution The Chinese central bank distributes the digital Yuan to <a href=\"https:\/\/exam.pscnotes.com\/commercial-banks\">Commercial Banks<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chinese government intends to introduce the Digital Yuan, Digital Currency to the rest of the world at the 2022 Winter Olympics. It has the same value as paper currency. China&#8217;s digital currency is the Digital Yuan. It was first released in 2014 and it has been operational (at least in test mode) since then. &#8230; <a title=\"Digital\nYuan Wallet\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/digitalyuan-wallet\/\" aria-label=\"Read more about Digital\nYuan Wallet\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[684],"class_list":["post-2645","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-06-01-22"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Digital Yuan Wallet - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/digitalyuan-wallet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Digital Yuan Wallet\" \/>\n<meta property=\"og:description\" content=\"The Chinese government intends to introduce the Digital Yuan, Digital Currency to the rest of the world at the 2022 Winter Olympics. It has the same value as paper currency. China&#8217;s digital currency is the Digital Yuan. It was first released in 2014 and it has been operational (at least in test mode) since then. ... 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It has the same value as paper currency. China&#8217;s digital currency is the Digital Yuan. It was first released in 2014 and it has been operational (at least in test mode) since then. ... 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