Understanding China's Digital Currency
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Bloomberg.comBloomberg News
Understanding China's Digital Currency
While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials and tests are underway in several cities, with the Covid-19 pandemic and need for social distancing ...
Sep 8, 2020
Digital Renminbi Explained
13K views · 521 reactions | China has launched a pilot program of digital yuan or RMB in southern Chinese city of Shenzhen. Follow CGTN to see what it looks like and how to use it. The digital currency can be spent without using the internet. | CGTN | Facebook
2:24
13K views · 521 reactions | China has launched a pilot program of digital yuan or RMB in southern Chinese city of Shenzhen. Follow CGTN to see what it looks like and how to use it. The digital currency can be spent without using the internet. | CGTN | Facebook
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Many countries are stepping up research on #digitalcurrency, and China is no exception. The research and development of digital Renminbi (RMB) is progressing steadily in China. What is digital RMB, and how would it change people's lives? #ChinaQandA | China Q&A
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Many countries are stepping up research on #digitalcurrency, and China is no exception. The research and development of digital Renminbi (RMB) is progressing steadily in China. What is digital RMB, and how would it change people's lives? #ChinaQandA | China Q&A
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