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Economy

'No timetable' on digital yuan: China central bank governor

Yi Gang cites need to manage risk to quell market speculation over launch

Speculation over China's e-yuan project has grown since Facebook announced plans to introduce its own cryptocurrency. (Photo by Takaki Kashiwabara)

BEIJING -- The People's Bank of China has "no timetable" for launching its planned digital currency, the bank's governor said Tuesday, in his first direct mention of the e-yuan project in a news conference.

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