Chinese central bank governor Yi Gang, in a recent speech at Hong Kong Fintech Week, talked about the progress of their national digital currency called the digital yuan....
The test, which lasted six weeks and ended late last month, is part of m-Bridge, an initiative that pilots cross-border payments in digital currencies issued by...
Alipay, the renowned payment platform in China, has widened the spread of the digital yuan through its latest implementation. The Chinese giant created a “digital RMB”...
The Chinese officials keep spreading its CBDC, giving away $2.3 million worth of it to residents of Shenzhen’s Futian district. The Chinese authorities will reportedly give...
One of the leading social media messaging apps – WeChat – reportedly embraced e-CNY payment options. China’s messaging app giant – WeChat – reportedly enabled digital...
COVID protocols will limit test of digital yuan during Olympics Olympics attendants in quarantine $13 billion worth of digital yuan transactions recorded Over the last few...
The People’s Bank of China is trying out its own central bank digital currency, called Digital Yuan. China’s digital currency aims to boost transactional efficiency and...
China’s e-CNY wallet is breaking records by attracting massive downloads days after launch. The increased wallet download has influenced the increase in digital yuan usage in the country....
Earlier today, the PBoC announced the launch of the pilot phase of its e-CNY wallet applications on both IOS and Android phones. The wallet is only available for...
The latest news about China’s decisions over central bank digital currency shows that plans are very serious about using government-backed digital assets. The news comes some...
