Launch of digital currency on a trial basis in China

The use of digital currency on a trial basis is about to begin in various cities in China.

According to the British newspaper, the digital currency is being launched on a trial basis in Shenzhen, Suzhou, Chengdu, Beijing, and Xiaogang.

The newspaper quoted Chinese state media as saying that the May salary would be paid in digital currency in the cities selected for the trial.

It should be noted that the use of this currency used through the mobile phone app is being considered very important in the situation created by Corona.

Many private companies in China have previously offered digital currency, but they are still not a substitute for traditional currency.

This will be the first time that digital currency will be officially used as an alternative to traditional currency.