Beijing has high hopes for the e-CNY, which has been piloted across the country and been used by tens of millions of Chinese. Photo: AP
Beijing has high hopes for the e-CNY, which has been piloted across the country and been used by tens of millions of Chinese. Photo: AP
Yuan

China digital currency: e-CNY offers chance to ‘reshape’ global payments, boost use of yuan, experts say

  • Authorities should promote Chinese standards for all digital currencies, which will help expand international use of the yuan, experts say
  • Beijing hopes wider use of the e-CNY will temper risks of financial decoupling if Washington moves to exclude China from the dollar system

Beijing has high hopes for the e-CNY, which has been piloted across the country and been used by tens of millions of Chinese. Photo: AP
Beijing has high hopes for the e-CNY, which has been piloted across the country and been used by tens of millions of Chinese. Photo: AP
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