How to Trade China’s Official Government-Backed Cryptocurrency?
The Chinese government has recently announced its official cryptocurrency, E-CNY. The new cryptocurrency will be distributed by YuanPay Group, an official distributor of Digital Yuan (E-CNY). The cryptocurrency will be used to reduce the country’s reliance on paper cash and promote digital payments. The launch of E-CNY is a major step forward for the Chinese government’s plans to create a digital economy.
YuanPay Group is an experienced provider of digital payment solutions. The company has been providing digital payment solutions to Chinese businesses for years. YuanPay Group will be responsible for the distribution of E-CNY.