Central bankers from a handful of developed countries recently formed a working group to discuss sovereign digital currencies, but none of the participants have formally decided to issue one. Photo: Shutterstock Central bankers from a handful of developed countries recently formed a working group to discuss sovereign digital currencies, but none of the participants have formally decided to issue one. Photo: Shutterstock
Central bankers from a handful of developed countries recently formed a working group to discuss sovereign digital currencies, but none of the participants have formally decided to issue one. Photo: Shutterstock
Economy /  China Economy

China not among major central banks in talks on global digital currency principles

  • Despite China being a world leader in testing its own digital sovereign currency, the People’s Bank of China was conspicuously absent from international group discussion
  • Nascent digital yuan has not been officially rolled out, but it continues to be tested in ongoing pilot programmes across China

Topic |   China digital currency
Karen Yeung
Karen Yeung

Updated: 8:54am, 13 Oct, 2020

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Central bankers from a handful of developed countries recently formed a working group to discuss sovereign digital currencies, but none of the participants have formally decided to issue one. Photo: Shutterstock Central bankers from a handful of developed countries recently formed a working group to discuss sovereign digital currencies, but none of the participants have formally decided to issue one. Photo: Shutterstock
Central bankers from a handful of developed countries recently formed a working group to discuss sovereign digital currencies, but none of the participants have formally decided to issue one. Photo: Shutterstock
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