China: China Central Bank White paper on digital yuan development
Progress
Current status
adopted
16 Jul 2021 adopted
Scope
Implementers
China
Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Published white paper on the digital yuan development
On 16 July 2021, the Central Bank of China published a white paper on the development of the digital yuan, the virtual equivalent of the fiat currency. The paper clarified the state of the development of the e-CNY, a central bank digital currency (C…
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
central bank