China’s digital yuan is being tested in 11 pilot areas and cities, as well as venues at next February’s Beijing Winter Olympics. Photo: Xinhua
China digital currency: Hong Kong, Shenzhen proposed as ‘expressway’ for cross-border financial innovation
- Central bank official proposes ‘regulatory sandbox’ for testing of cross-border financial transactions using the digital yuan
- Convenience of the digital currency will help promote yuan convertibility and greater use internationally, senior official says
China’s digital yuan is being tested in 11 pilot areas and cities, as well as venues at next February’s Beijing Winter Olympics. Photo: Xinhua
