December 09, 2019 BY Valentina Kirilova

China to carry out the initial real-world trial of its central bank digital currency

China is aiming to carry out the initial real-world trial of its central bank digital currency (CBDC), according to local news outlet Caijing. The initial test for the CBDC is scheduled for Shenzhen before the end of the year, possibly including the city of Suzhou as well. With the support of the People’s Bank of…

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