People’s Bank of China chief Yi Gang said China had “basically completed” the top-level design, standard setting, research on functions and integration tests of the digital yuan. Photo: Bloomberg People’s Bank of China chief Yi Gang said China had “basically completed” the top-level design, standard setting, research on functions and integration tests of the digital yuan. Photo: Bloomberg
People’s Bank of China chief Yi Gang said China had “basically completed” the top-level design, standard setting, research on functions and integration tests of the digital yuan. Photo: Bloomberg

China’s digital currency not set for launch as trials are ‘just routine’, central bank governor cools speculation

  • People’s Bank of China governor Yi Gang says ‘there’s no timetable for an official launch’ of the first sovereign digital currency among major economies
  • The central bank chief played down upcoming trials involving the likes of Starbucks, McDonald’s and Subway despite a screenshot of the user interface emerging in April

Topic |   China economy
People’s Bank of China chief Yi Gang said China had “basically completed” the top-level design, standard setting, research on functions and integration tests of the digital yuan. Photo: Bloomberg People’s Bank of China chief Yi Gang said China had “basically completed” the top-level design, standard setting, research on functions and integration tests of the digital yuan. Photo: Bloomberg
People’s Bank of China chief Yi Gang said China had “basically completed” the top-level design, standard setting, research on functions and integration tests of the digital yuan. Photo: Bloomberg
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