Speculation is growing that the digital yuan will be launched soon. Photo: Shutterstock Speculation is growing that the digital yuan will be launched soon. Photo: Shutterstock
Speculation is growing that the digital yuan will be launched soon. Photo: Shutterstock

China’s digital currency takes shape as trials begin with travel subsidies and Communist Party fees

  • Agency in charge of developing digital yuan confirms that pilot schemes for have been approved in four cities
  • Trials come as Facebook-backed Libra was forced to scale back its ambitious plans

Topic |   Digital currencies
Speculation is growing that the digital yuan will be launched soon. Photo: Shutterstock Speculation is growing that the digital yuan will be launched soon. Photo: Shutterstock
Speculation is growing that the digital yuan will be launched soon. Photo: Shutterstock
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