Logo 20 Apr 2020

PBoC testing new digital currency

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

The economic volatility and uncertainty from the COVID-19 outbreak hasn’t stopped the central bank (PBoC) from moving forward with plans to launch their digital currency.
The latest: The PBoC has started trialing the new currency, known as DCEP, with four banks in four cities.
Caixin has the de...