China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision for its central bank digital currency (CBDC).
data-ct-non-breakable=”null” href=”https://www.reuters.com/markets/currencies/chinas-central-bank-says-promote-digital-yuan-multi-polar-currency-system-2025-06-18/” rel=”noopener nofollow” target=”_blank” title=”null”>According to a Reuters report, China is creating an international operations center in Shanghai for the digital yuan, also known as e-CNY. Pan made the remarks at the Lujiazui Forum, a professional forum for high-profile local and international finance regulators and executives.
China envisions a “multipolar” currency system where multiple currencies support the global…
