News Snapshot:
China is conducting transactions with the digital yuan on a trial basis in Beijing and other major cities.(Photo by Iori Kawate) IORI KAWATE, Nikkei staff writer February 25, 2021 05:22 JST | China Copy Copied BEIJING -- China's central bank said Wednesday it has joined its counterparts in Thailand and the United Arab Emirates to study the use of digital currencies in cross-border payments, a move that puts it closer to setting the global rules for international transactions handled in national virtual currencies. This is an expansion of a testing project being conducted by the People's Bank of China and...