Welcome Bonus: Sign Up & Get Up to $150 in BTC

Get Started
PBoC: Digital yuan trial expands to 11 more cities PBoC: Digital yuan trial expands to 11 more cities

PBoC: Digital yuan trial expands to 11 more cities

The digital yuan continues its expansion in China, adding 11 more cities and regions, totaling 23 cities, to the list of pilot test areas. Most notably, trials will begin in Guangzhou where the Asian Games will be held later this year.

PBoC: Digital yuan trial expands to 11 more cities

Cover art/illustration via CryptoSlate

On March 31, 2022, the People’s Bank of China held a symposium on the pilot work of digital RMB (digital yuan) research and development to summarize the preliminary research and development pilot work, and arrange the deployment of the next stage of work.

Present at the symposium were Yi Gang, Governor of the People’s Bank of China, and Fan Yifei, Vice Governor of the People’s Bank of China, as per a statement from PBoC.

To read the rest of this article, sign in or join CryptoSlate Edge.

Get an Edge on the Crypto Asset Market

Even though the crypto market is fast-moving and often confusing, CryptoSlate Edge can help make sense of it for you. Edge is a yearly membership intended to help you become a more knowledgeable crypto investor and better decision-maker.

Here's what's included in your membership:
Exclusive Articles and Analysis

Get an analytical edge by accessing members-only articles with insights from our researchers.

Private Discord Community

As an Edge member, you will access new articles first and be able to ask our journalists questions in our private Discord.

Access to All Innovative Projects and Curated Sectors

Follow new projects and crypto sectors with our manually curated data for over 50 industry verticals.

Enhanced Data In News Articles

See the TradingView price charts and IntoTheBlock sentiment and on-chain data in market analysis articles.

Exclusive Video Interviews with Crypto Founders

Get access to the exclusive recordings of our interviews with founders we use for our articles.

Ad-Free Experience

We hide all advertisements for CryptoSlate Edge members.

Pay with Crypto ($228)