The Shenzhen Institute of Financial Technology, affiliated by People’s Bank of China’s Digital Currency Institute, has posted 132 job openings, implying that digital yuan pilot programmes would be expanded in 2022.
Guangzhou, Tianjin, Yiwu, and Fuzhou revealed their bids to be included in the next round of digital yuan trial cities in September.
The digital yuan, or e-CNY, is being hailed as the most developed central bank digital currency (CBDC) established by a major international economy, and has been examined in ten pilot cities and Beijing Winter Olympics locations.
By the end of last year, the historical trading volume for the digital yuan had reached 87.565 billion yuan. 29.21 million people have downloaded the e-CNY mobile wallet, which was released to the public in January.