The challenges ahead for China's digital yuan

Expansion will require new rules and huge investment in datacenters and other infrastructure

20220815 digital yuan app

Expanding use of the digital yuan comes with huge opportunities, as well as challenges. © Reuters

LIU RAN, WU XIAOMENG and DENISE JIA, Caixin

In three years of experiments, China's central bank has made significant progress in developing its central currency.

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