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China’s digital currency not set for launch as trials are ‘just routine’, central bank governor cools speculation

Summary:
[unable to retrieve full-text content]China still has no timetable for launching its much-hyped sovereign digital currency, with limited public trials that will begin soon just “routine parts of the research and development process”, China’s central bank governor said.People’s Bank of China chief Yi Gang said China had “basically completed” the top-level design, standard setting, research on functions and integration tests of the digital yuan.But Yi cautioned that the central bank still needed more time to verify “the reliability…

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[unable to retrieve full-text content]
China still has no timetable for launching its much-hyped sovereign digital currency, with limited public trials that will begin soon just “routine parts of the research and development process”, China’s central bank governor said.People’s Bank of China chief Yi Gang said China had “basically completed” the top-level design, standard setting, research on functions and integration tests of the digital yuan.But Yi cautioned that the central bank still needed more time to verify “the reliability…

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