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A sign at a shopping mall in Shanghai indicates payments can be made in digital yuan. © Reuters

KEITA SEKIGUCHI, Nikkei fintech editor, and WANG LEJUN, Nikkei staff writer

TOKYO -- In January, an employee at a major Chinese bank learned that she was now part of the central bank's push to promote its digital currency: All of her salary and bonuses would be paid in digital yuan from that month on, as her branch switched over entirely to the currency.

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