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Digital Yuan

China plans to give CBDC to state employees in pilot scheme

Ed Drake

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19 April, 2020

China plans to give CBDC to state employees in pilot scheme

The scheme will see government employees in Suzhou paid 50% of their travel subsidies for May in digital currency.

People’s Bank of China will ‘undoubtedly’ launch digital yuan

Ed Drake

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10 April, 2020

People’s Bank of China will ‘undoubtedly’ launch digital yuan

The central bank said it would continue the development of a digital currency, with a view to launching as soon...

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