July 25, 2024
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China’s central bank is ramping up its search for digital currency experts

China

The Shenzhen Institute of Financial Technology, a division of the People’s Bank of China’s Digital Currency Institute, has posted 132 job openings, implying that digital yuan pilot programs will be expanded in 2022.

Guangzhou, Tianjin, Yiwu. Then, and Fuzhou submitted applications to be included in the next round of digital yuan trial cities in September.

The digital yuan, or e-CNY, has been tested in ten pilot towns. Then, and Beijing Winter Olympics venues as the most advanced central bank digital currency (CBDC). That’s, launched by a major international economy.

By the end of last year. Of course, the historical transaction volume of the digital yuan had reached 87.565 billion yuan (US$11.238 billion).

As of Monday, the e-CNY mobile wallet has had 29.21 million downloads since its official launch in January.
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