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The digital yuan app is consumer attitudes toward big tech users can use e-CNY.
The digital yuan app is consumer attitudes toward big tech users can use e-CNY.
With each year that China pilots its digital currency and the United States does not, Beijing becomes better positioned to dictate the norms and regulations of this new technology and Washington becomes a weaker competitor. While China continues to be a pioneer in digital currency development, the United States is yet to even pilot a digital dollar. This week, Apple introduced a new fee on developers to protect its business. This means spending the e-CNY is unlike using a bank card or a digital payment platform tied to a bank account , as the money from these sources comes directly from a savings or checking account.
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