China to Expand Scope of e-CNY Pilot
The third batch of e-CNY pilot areas in China is reported to be unveiled soon. Tianjin, Hangzhou, Zhejiang Province, and Fuzhou, Fujian Province are expected to be selected.
3/9/20223 min read
Tag: #China’s central bank
Showing 3 of 3 posts with this tag
Insiders Deny Claims of China’s Central Bank Launching a Cryptocurrency
As China's central bank gets ready to launch its own cryptocurrency, Forbes has reported that seven institutions will be among the first to receive and interact with it.
8/28/20192 min read
China’s Central Bank Takes Action to Quell Mounting Inflation Concerns
Officials at the People’s Bank of China (PBOC) announced new measures late Monday night aimed at curtailing growth in the yuan’s value, which has recently surged to its highest level against the dollar in three years.