China to expand digital yuan pilot to more cities

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

China will further expand a pilot scheme of its sovereign digital currency to more cities including Tianjin, Chongqing, Guangzhou, Fuzhou, Xiamen and six cities in the coastal Zhejiang province which is set to host the Asian Games later this year.

The People's Bank of China (PBOC) said it will promote the research and development of the digital currency, dubbed e-CNY, and expand the scope of the pilot scheme, according to a statement. released . . .

Sign In or Subscribe To Get Full Access.

Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.

Follow China Market In The Most Efficient Way!

TRY US FOR FREE

We offer limited-time welcome discount to let more people experience the value of our exceptional services. Don't Miss Out - Grab it!