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China’s sovereign digital currency plan becomes a hot guessing game amid leaks and expectations

Summary:
[unable to retrieve full-text content]Discussions about China’s much-hyped sovereign digital currency started heating up again after the Ministry of Commerce unveiled a plan last week to expand trials of the digital yuan across the country, fanning speculation that its use could be much wider than expected.But the next day, the official Xinhua news agency debunked the speculation. It cited an anonymous source as saying that the pilot schemes for the digital currency would stick to the four previously named cities – Shenzhen, Suzhou…

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[unable to retrieve full-text content]
Discussions about China’s much-hyped sovereign digital currency started heating up again after the Ministry of Commerce unveiled a plan last week to expand trials of the digital yuan across the country, fanning speculation that its use could be much wider than expected.But the next day, the official Xinhua news agency debunked the speculation. It cited an anonymous source as saying that the pilot schemes for the digital currency would stick to the four previously named cities – Shenzhen, Suzhou…

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