Representatives staff a booth promoting the e-CNY, China’s digital currency, during the China International Fair for Trade in Services (CIFTIS) in Beijing on September 2, 2022. Photo: AP
Representatives staff a booth promoting the e-CNY, China’s digital currency, during the China International Fair for Trade in Services (CIFTIS) in Beijing on September 2, 2022. Photo: AP

China digital currency: Beijing to expand e-CNY trials to four entire provinces including Guangdong

  • The People’s Bank of China (PBOC) will expand e-CNY trials to Guangdong, Hebei Jiangsu, and Sichuan provinces, an official said on Monday
  • The number of users, merchants and transactions is ‘steadily growing’, Fan Yifei, the bank’s deputy governor, said at a financial forum in Suzhou

Representatives staff a booth promoting the e-CNY, China’s digital currency, during the China International Fair for Trade in Services (CIFTIS) in Beijing on September 2, 2022. Photo: AP
Representatives staff a booth promoting the e-CNY, China’s digital currency, during the China International Fair for Trade in Services (CIFTIS) in Beijing on September 2, 2022. Photo: AP
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