The People’s Bank of China, or PBoC, clarified that there is still “no timetable” on a formal digital yuan launch.
In an interview published earlier today on the central bank’s website, PBoC Governor Yi Gang was asked about the central bank digital currency’s official launch date, to which he replied:
“These tests are just routine work for the research and development (R&D) of the digital currency. No schedule for an official launch has been revealed.”
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