The world barely took note in mid-April when the news broke that the People's Bank of China is experimenting with a digital currency to be rolled out by state-owned banks.
E-money can be put direct into citizens' accounts but raises privacy fears

Digital yuan is expected to provide China with greater insight into financial activities of its citizens.
The world barely took note in mid-April when the news broke that the People's Bank of China is experimenting with a digital currency to be rolled out by state-owned banks.