PBOC says China aims to have its cryptocurrency ready soon
China is planning to have its own sovereign digital currency ready in time for the 2022 Winter Olympics
- People's Bank of China Gov. Yi Gang released a statement on the digital currency, but did not specify a firm timetable for the release.
- government plans to run pilot tests at Olympic venues
- trials are underway in Shenzhen, Suzhou, Chengdu and some otother areas
Via Nikkei, link here for more (may be gated)
While we wait, chjeking in on the BTC: