News Snapshot:
The country announced a major expansion of its central bank digital currency test, taking it from four cities to the capital, economic engine Hong Kong, and several provinces including wealthy Guangdong By Leo Jakobson / August 14, 2020 / China’s digital yuan is coming to Beijing, Hong Kong, Macau, and several provinces. China’s Commerce Ministry said on Aug. 14 that it is expanding its central bank digital currency experiment to the capital and some of the country’s wealthiest regions, the Wall Street Journal reported . The pilot program launched earlier this year in four cities, Shenzhen, Suzhou, Chengdu and Xiong’an....
