China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report

China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report

A limited debut of China’s long-touted central bank digital currency is set to begin in the city of Shenzhen by the end of 2019, according to a media report. China is at last planning to conduct the first real-world test of its central bank digital currency (CBDC), fresh reports claim. According to local news outlet Caijing on Dec. 9, the initial pilot for the CBDC is set for the city of Shenzhen before the end…

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