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Over 3,000 ATMs in Beijing can now convert digital yuan into cash By Cointelegraph

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Over 3,000 ATMs in Beijing can now convert digital yuan into cash

China continues apace with the adoption of its central bank digital currency (CBDC) as major banks launch a significant batch of digital yuan-powered ATMs.

The digital yuan — a CBDC controlled by The People’s Bank of China — is now available for deposit and withdrawals at over 3,000 ATMs across Beijing, state-run Xinhua news agency reported Friday.