China’s sovereign digital currency project has expanded to a value of 62 billion yuan (US&9.7 billion) since the roll-out of a pilot programme in late 2019. Photo: Kyodo
China’s sovereign digital currency project has expanded to a value of 62 billion yuan (US&9.7 billion) since the roll-out of a pilot programme in late 2019. Photo: Kyodo

Beijing looks into setting up digital asset exchange to push the e-yuan

  • The proposal shows the country’s determination to promote its digital currency, says broker
  • The suggestion is among a wide range of developmental plans for the Beijing municipal administrative centre

Topic |   Banking & finance
China’s sovereign digital currency project has expanded to a value of 62 billion yuan (US&9.7 billion) since the roll-out of a pilot programme in late 2019. Photo: Kyodo
China’s sovereign digital currency project has expanded to a value of 62 billion yuan (US&9.7 billion) since the roll-out of a pilot programme in late 2019. Photo: Kyodo
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