China digital currency: McDonalds, Starbucks part of trial program

in hive-116221 •  5 years ago 

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  • China has rolled out a digital currency trial in Xiong'an, an area southwest of Beijing in the Hebei province, according to state-backed media reports.
  • McDonald's, Starbucks and Subway are the only three American firms among 19 companies participating in the trial.
  • The People's Bank of China (PBOC) has been working on a digital yuan for the past few years but has made clear that it has not yet officially launched.


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5 years ago by

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