Digital RMB (DCEP) expanded to Shanghai, Hainan & 4 other pilot cities

The People‚Äôs Bank of China announced yesterday (April 12) that six new cities began participating in trials for China’s digital RMB in 2020. Shanghai, Hainan, Changsha, Xi’an, Qingdao and Dalian joined the existing pilot areas of Shenzhen, Suzhou, Xiong’an, and Chengdu. The first digital currency trial began at the end of 2019, and, since then, … Continue reading Digital RMB (DCEP) expanded to Shanghai, Hainan & 4 other pilot cities