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In China, CBDC is linked to citizens' mandatory digital ID.
1 month ago
5
News
CBDC China
Digital Yuan
E-CNY
Chinese Digital Currency
Digital ID China
Central Bank Digital Currency
China Cryptocurrency
Digital Wallet China
Financial Technology China
Cashless Society
In China, CBDC is linked to citizens' mandatory digital ID. If somebody drives over the speed limit (in this case, 20 km/h), the speed camera system automatically deducts a fine from their digital wallet.
Coming to the West soon, unless you resist!
Source @HATS
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