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Chinese municipal bank issues first-ever digital yuan loan using intellectual property as collateral1 min read

Aug 3, 2022 < 1 min

Chinese municipal bank issues first-ever digital yuan loan using intellectual property as collateral1 min read

Reading Time: < 1 minute

The unnamed recipient of the loan said the e-CNY transaction was fast and efficient; they received an equivalent of 500,000 CNY, which was $74,020 at the time of publication.

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