Sunday, August 1, 2021

Tag: Major

China starts major trial of state-run digital currency

People shop in a flower market in Suzhou, one of the cities where the digital currency will be trialled. Photograph: REX/Shutterstock

May 15 (The Guardian) - China will begin trialling payments in its new digital currency in four major cities from next week, according to domestic media. In recent months, China’s central bank has stepped up its development of the e-RMB, which is set to be the first digital currency operated by a major economy. It has reportedly begun trials in several ...

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