China is nearing the launch of its Central Bank Digital Currency (CBDC) as more people sign up to it and create digital wallets. About 140 million people had opened “wallets” for the digital yuan as of October and used it for transactions totaling around 62 billion yuan ($9.7 billion), Mu Changchun, head of the PBOC’s Digital Currency Institute, said at the Hong Kong Fintech Week conference on Wednesday. The e-CNY has undergone a series of trials and appears to be in the final phase before it is rolled out, although Mu Changchun told Hong Kong’s “Fintech Week” conference there was...