The New Tests China's digital currency pilot program has accelerated in HONG KONG AND in four Chinese cities, with transaction volumes doubling over the past month, according to the governor of the country's central bank, who said the test so far it has been fluid
Already the Tests Are Every Day More Satifying for the Yuan Digital Currency There have been more than 4 million transactions worth more than 2 billion yuan ($ 298.4 million) in total in the bank's digital currency test the world's most advanced power station so far, said Yi Gang, governor of the People's Bank of China
The Point that China is Very Hurry to Launch its Digital Currency is because it does not want cryptos to take the initiative.
We have completed the architecture design and started joint testing "in four cities with the digital yuan," Yi said. "So far, the experiment and the pilot program have run smoothly."
These are the locations of China that have already started the use of digital currency
The pilot is being carried out in three cities, Shenzhen, Suzhou and Chengdu, and the Xiong'an New Area, south of Beijing. It started last April and will spread to 28 more cities, including Beijing, Tianjin, Shanghai, Guangzhou and Chongqing, as well as Hong Kong and Macao.
Time the Issues is The United States is losing empty land to technology In front of China, the repercussions in the future may be the US has Lost in the Economic Geomony is a Point It is asked Many in the world we will see what happens.
