The turnover of the Chinese digital currency (the digital renminbi) reached 83 billion yuan (about 12.33 billion US dollars) by the end of May this year, according to the country's central bank. On Wednesday.
According to Arab Net, Zuo Lan, an official with the People's Bank of China, told a press conference that a total of 264 million digital yuan transactions were made during this period.
He added that by May 31, nearly 4.57 million commercial outlets were available for digital yuan payments, citing China's Xinhua News Agency.
He explained that the Central Bank will expand the scope of its pilot programs, support building the pilot scenario, and enhance international cooperation.
