China central bank will promote digital yuan trials

Kitco Media
By Reuters
Published:
Updated:
Reuters
BEIJING, April 6 (Reuters) - China's central bank will smoothly promote digital yuan trials and continue to explore applications for the digital currency, according to a statement it released on Thursday, following a video conference on currency matters.


The People's Bank of China will also step up its efforts in handling cash in circulation, such as dealing with counterfeit currency, the statement said.
(Reporting by Joe Cash Editing by Raissa Kasolowsky)

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