Digital currency to be tested in Xiongan; trial run involves restaurants
Digital currency to be tested in Xiongan; trial run involves restaurants

File Photo: A worker counts Chinese currency renminbi banknotes at a bank in Tancheng County of Linyi City, east China’s Shandong Province, April 11, 2013. Photo:XinhuaThe project of China’s official digital currency, dubbed as DC/EP, will be tested in the Xiongan New Area, North China’s Hebei Province, with a trial run in local catering and retail industries including US coffee chain Starbucks, fast food chain McDonald’s and the Qingfeng Baozi (stuffed bun) restaurant chain, the Global Times has learned Thursday.According to a document seen by the Global Times, local authorities in Xiongan ne…

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HEDGE accordingly