What is the difference between RMB and CNY in the context of cryptocurrency?

3 answers

• May 13, 2022 · 3 years ago
  In the context of cryptocurrency, RMB and CNY refer to the same currency, which is the Chinese Yuan. RMB stands for Renminbi, which is the official currency of China. CNY is the international currency code for the Chinese Yuan. So, there is no actual difference between RMB and CNY in the context of cryptocurrency. They both represent the Chinese Yuan and are used interchangeably.
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• May 13, 2022 · 3 years ago
  When it comes to cryptocurrency, RMB and CNY are essentially the same thing. Both refer to the Chinese Yuan, which is the official currency of China. So, whether you see RMB or CNY in the context of cryptocurrency, they are referring to the same currency.
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• May 13, 2022 · 3 years ago
  RMB and CNY are often used interchangeably in the context of cryptocurrency. However, it's important to note that RMB is the official currency of China, while CNY is the international currency code for the Chinese Yuan. So, while there may be a technical distinction between the two, in practice, they are used synonymously in the world of cryptocurrency.
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