A pilot project was launched in Beijing, Shenzhen and Shanghai with a broader rollout planned for later in 2022. "Select” retail-level users along with other institutions like banks will be the first to have access to the e-CNY app developed by the bank.
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PBOC Kicks Off 2022 with a Bang, Rolls Out Digital Yuan
The People’s Bank of China has formally introduced its digital Yuan and laid out its broader monetary policy to go along with the rollout. So reports Coin Rivet.
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