The Chinese government announced that its central bank digital currency (CBDC) testing program will be expanded to more cities.
As China officially announced on April 16 this year that it was testing the digital yuan in some cities excitement big. China had taken it seriously and put the theoretical notarizations into practice. Only about six months later, this test program will be expanded significantly. So announced the Ministry of Economic Affairs this Friday knownthat it will introduce the digital yuan in almost all major cities, including the capital Beijing.