Supply has dried up despite a glut of available bitcoin mining rigs since China’s crackdown in May.
The interbank payment using the e-CNY afforded a zero cost, efficient and convenient payment option in real time, according to the report.
Días después de que China reiterara medidas drásticas contra el segmento cripto, bitcoin cayó hasta 30%. Estados Unidos, por su parte, parece no ser el centro del universo cripto.
The ruling contradicts that of a court in Shanghai last week.
It could just be the U.S. is not the center of the crypto universe.
Another 94 banks plan to access the CBDC via a clearing platform.
A global center for finance, Hong Kong is an often overlooked hub for the blockchain industry, as documented in "Block Kong."
News source BeatleNews is also among those flagged as violating platform rules.
Crypto adoption has increased 23-fold globally over the past year with India, Pakistan and Ukraine driving the surge.
China's central bank vowed earlier in August to keep high pressure on crypto trading.
The lower burn value is a "natural response" to last month's market trends, a spokesperson said.
The PBoC has been pushing for hardware applications of the digital yuan.
The hacker who stole potentially $600 million from Poly Network asked for a multisig wallet to return the funds.
DeFi platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto.
Traders in China appear to be more concerned about the future of Huobi and OKEx.