China’s Commerce Ministry said it would expand a pilot program for its digital currency to include a number of large cities (of the most-developed regions), advancing a pioneering initiative by a major central bank to launch an electronic payment system, according to WSJ.com.
The digital currency pilot program will cover much of China’s most prosperous regions, the Commerce Ministry said Friday: the capital Beijing and nearby Tianjin and Hebei province in the north; the Yangtze River Delta to the south; and, along China’s wealthy southern coast, Guangdong province and the cities of Beijing, Tianjin, Hong Kong and Macau.
When the new trials might start was not disclosed, but the ministry reportedly said the project design is hoped to be wrapped up by the end of this year.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
