Digital Yuan


Markets

Unlike Libra, Digital Yuan Will Not Need Currency Reserves to Support Value: PBOC Official

PBOC wants to distinguish its own digital currency from rival private initiatives.

pboc

Markets

China's Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says

Former PBoC head Xiaochuan Zhou says the digital yuan will enable retail payments first, but might need a different technical design for cross-border payments.

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