Thursday , October 1 2020
Home / South China Morning Post / China’s digital currency edges closer with large-scale test by four state-owned banks

China’s digital currency edges closer with large-scale test by four state-owned banks

Summary:
[unable to retrieve full-text content]China’s big four state-owned commercial banks have started large-scale internal testing of what would be the world’s first sovereign digital currency, as the launch of the digital yuan appeared to move a step closer, the 21st Century Business Herald reported on Thursday.The Bank of China, the China Construction Bank, the Industrial and Commercial Bank of China and the Agricultural Bank of China are working on the digital yuan with the central bank in major cities, including Shenzhen, according…

Topics:
Cissy Zhou considers the following as important:

This could be interesting, too:

James Picerno writes The ETF Portfolio Strategist: 30 September 2020

Jeffrey P. Snider writes Why Aren’t Bond Yields Flyin’ Upward? Bidin’ Bond Time Trumps Jay

Doug Short writes Cryptocurrencies Through September 29

Kathy Lien writes How Month End Flows & Presidential Debate Moved FX

[unable to retrieve full-text content]
China’s big four state-owned commercial banks have started large-scale internal testing of what would be the world’s first sovereign digital currency, as the launch of the digital yuan appeared to move a step closer, the 21st Century Business Herald reported on Thursday.The Bank of China, the China Construction Bank, the Industrial and Commercial Bank of China and the Agricultural Bank of China are working on the digital yuan with the central bank in major cities, including Shenzhen, according…

Leave a Reply

Your email address will not be published. Required fields are marked *