China's Central Bank Expands Digital Yuan Pilot Programme
China's Central Bank Expands Digital Yuan Pilot Programme
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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
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China’s central bank rolls out upgraded digital yuan framework China’s central bank introduced new rules governing the digital yuan, positioning it closer to deposit-based money. From January 1, digital yuan balances now earn interest, making it one of the world’s first interest-bearing central bank digital currencies. | CGTN Africa
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