There is no official timetable for the launch of China’s digital yuan despite various pilot programmes in the cities of Shenzhen, Suzhou, Xiongan and Chengdu. Photo: JD.com There is no official timetable for the launch of China’s digital yuan despite various pilot programmes in the cities of Shenzhen, Suzhou, Xiongan and Chengdu. Photo: JD.com
There is no official timetable for the launch of China’s digital yuan despite various pilot programmes in the cities of Shenzhen, Suzhou, Xiongan and Chengdu. Photo: JD.com

China’s SWIFT joint venture shows Beijing eyeing global digital currency use, to internationalise yuan

  • Finance Gateway Information Service was registered in Beijing last month with €10 million (US$12 million) as incorporation capital
  • SWIFT is the largest shareholder followed by China National Clearing Centre, a wholly-owned domestic settlement subsidiary of the People’s Bank of China (PBOC)

Knowledge |   China's digital currency
There is no official timetable for the launch of China’s digital yuan despite various pilot programmes in the cities of Shenzhen, Suzhou, Xiongan and Chengdu. Photo: JD.com There is no official timetable for the launch of China’s digital yuan despite various pilot programmes in the cities of Shenzhen, Suzhou, Xiongan and Chengdu. Photo: JD.com
There is no official timetable for the launch of China’s digital yuan despite various pilot programmes in the cities of Shenzhen, Suzhou, Xiongan and Chengdu. Photo: JD.com
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