A currency dealer in the Balochistan provincial capital of Quetta in Pakistan on January 3, 2018. Pakistan adopted the use of the Chinese renminbi for imports, exports and financing transactions for bilateral trade and investment activities. Photo: AFP A currency dealer in the Balochistan provincial capital of Quetta in Pakistan on January 3, 2018. Pakistan adopted the use of the Chinese renminbi for imports, exports and financing transactions for bilateral trade and investment activities. Photo: AFP
A currency dealer in the Balochistan provincial capital of Quetta in Pakistan on January 3, 2018. Pakistan adopted the use of the Chinese renminbi for imports, exports and financing transactions for bilateral trade and investment activities. Photo: AFP

Blockchain ambitions: China’s e-yuan kick starts a rush to mint digital currencies all along the new Silk Road

  • Cambodia launched the digital bakong last October, describing it as a hybrid CBDC that supports transactions in both the riel and the US dollar
  • Indonesia’s central bank governor confirmed in May that Southeast Asia’s largest economy would launch a digital currency

Topic |   China digital currency
A currency dealer in the Balochistan provincial capital of Quetta in Pakistan on January 3, 2018. Pakistan adopted the use of the Chinese renminbi for imports, exports and financing transactions for bilateral trade and investment activities. Photo: AFP A currency dealer in the Balochistan provincial capital of Quetta in Pakistan on January 3, 2018. Pakistan adopted the use of the Chinese renminbi for imports, exports and financing transactions for bilateral trade and investment activities. Photo: AFP
A currency dealer in the Balochistan provincial capital of Quetta in Pakistan on January 3, 2018. Pakistan adopted the use of the Chinese renminbi for imports, exports and financing transactions for bilateral trade and investment activities. Photo: AFP
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