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China struggles to launch digital yuan after 8 years of trials

July 22, 2022
Source: nikkei.com nikkei.com
News Snapshot:
People in 23 cities can pay for goods and services using the digital yuan, also called e-CNY. © Reuters IORI KAWATE and DAISUKE MARUYAMA, Nikkei staff writers July 22, 2022 08:22 JST | China Copy Copied BEIJING/TOKYO -- Eight years after China first embarked on the path toward a digital yuan, the central bank's pilot program for the digital yuan has been expanded to 23 cities covering nearly a fifth of the population. Read Next
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Tags: ASIA | bank | Beijing | China | currency | digital | E-CNY | fintech | Japan | Renminbi | Reuters | staff | Tokyo | Yuan

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