Busy Chinese areas are going to be receiving CBDC trials, reports say.
To date, neither the PBoC nor Chinese government officials have announced a plan to make the CBDC available across the entirety of the country. Fan said the expansion to the four provinces would happen “at a proper time.”Blockchain Association policy head: US shouldn't compete with China's CBDC using surveillance tools
The Bahamas became the first country to officially launch a CBDC nationwide — its Sand Dollar — in October 2020. Both Nigeria and China rolled out their respective digital currencies in trial runs, while the largest economic power in the world, the United States, has not announced definite plans to launch a digital dollar. As part of U.S.
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