China's Commerce Ministry announced today that it will expand the trials of the nation's central bank digital currency (CBDC) to include Beijing, as well as Tianjin and Hebei provinces.
According to an Aug. 14 report by the Wall Street Journal, there is not yet a set time when the expanded pilot program of the Chinese CBDC will begin. Still, the nation's Ministry of Commerce announced that the policy framework should be complete by the end of 2020.
As Cointelegraph reported earlier this week, the expanded pilot will also include the Hong Kong Greater Bay area consisting of nine cities including Guangzhou, Shenzhen, as well as Hong Kong, and Macau.
Copying/Pasting full or partial texts without adding anything original is frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit