Cryptocurrencies

PBOC Governor Says 4 Million Transactions so Far in Digital Yuan

Yi Gang

Photographer: Qilai Shen/Bloomberg
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Yi Gang, governor of the People’s Bank of China, said a pilot program on the rollout of a digital currency in four cities has been smooth.

There have been more than 4 million transactions, totaling over 2 billion yuan ($299 million) in the digital currency so far, Yi said at the Hong Kong Fintech Week conference on Monday.