Internal closed pilot tests of the central bank digital currency (CBDC) developed by the People’s Bank of China (PBoC) are to be conducted in Shenzhen, Suzhou, Xiong’an New District, Chengdu, and at Beijing 2022 Winter Olympics locations, China’s central bank has revealed. The goal of the trials will be “to continuously optimise and Improve the […]
Read the rest of China’s central bank confirms plans for digital currency pilots at NFCW.