Eleven Cities Join China’s Digital Yuan Pilot Program

What’s new: China’s central bank has included 11 new cities in its digital currency pilot program, according to an official statement released Saturday.

The 11 cities are Tianjin, Chongqing, Guangzhou, Fuzhou, Xiamen and the six cities in Zhejiang province that will host the 2022 Asian Games — Hangzhou, Ningbo, Wenzhou, Shaoxing, Jinhua and Huzhou, the People’s Bank of China (PBOC) said.