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’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’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

Topic |   China digital currency
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’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’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
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