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China’s Digital Yuan Nears Trillion in Transactions, PBOC Official Reveals
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China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals

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China’s Digital Yuan Nears Trillion in Transactions, PBOC Official Reveals
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Source: Bitcoin.com

China's Digital Yuan Hits $1 Trillion in Transactions, PBOC Official RevealsChina’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese central bank digital currency (CBDC) have been conducted in 17 different areas, accumulating a total transaction value of […]

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Author: Kevin Helms

Related posts:

  1. China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies
  2. Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials
  3. Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments
  4. Central Bank of China Calls for Increasing Use of Digital Yuan
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