PBoC: Digital yuan trial expands to 11 more cities

2 years ago

The integer yuan continues its enlargement successful China, adding 11 much cities and regions, totaling 23 cities, to the database of aviator trial areas. Most notably, trials volition statesman successful Guangzhou wherever the Asian Games volition beryllium held aboriginal this year.

5 min read

Updated: April 4, 2022 at 8:37 pm

Digital yuan proceedings expands to 11 much cities

Cover art/illustration via CryptoSlate

On March 31, 2022, the People’s Bank of China held a symposium connected the aviator enactment of integer RMB (digital yuan) probe and improvement to summarize the preliminary probe and improvement aviator work, and put the deployment of the adjacent signifier of work.

Present astatine the symposium were Yi Gang, Governor of the People’s Bank of China, and Fan Yifei, Vice Governor of the People’s Bank of China, arsenic per a connection from PBoC.

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