#Cryptocurrencies #China #Asia #Banking #Banks #Central Bank #Digital Currency #Fiat Money #Regulation

China’s digital yuan trials reportedly limited to small retail transactions

China’s central bank released a new statement to debunk some rumors. The People’s Bank of China (PBoC) announced that the test run of its central bank digital currency is currently limited to small retail transactions. According to the Global Times on Aug. 24, the central bank has clarified some details regarding the recent digital yuan […]

Continue Reading