Hong Kong is actively engaged in testing China's digital yuan, the central bank digital currency currently in trial, and has progressed to the second phase of technical testing aimed at…
BNP Paribas, a French bank, has joined forces with the Bank of China (BOC) to promote China’s digital currency, the digital yuan, to BNP Paribas China’s corporate clients. The collaboration…
China is enlarging the application of its digital yuan or e-CNY, to ease trade and cross-border transactions within its Belt and Road initiative, media reports said.
The Chinese government has been…
Changshu, a city in China, has announced that all civil servants within its jurisdiction will be paid their full salaries in digital RMB or digital yuan starting from May 2023.…
The use of central bank digital currency (CBDC) is growing quickly in China, where the digital yuan is innovating cross-border trade and import tariffs. Guangdong, China, has reportedly started distributing…
The Chinese government's latest initiative to promote the adoption of its central bank digital currency (CBDC) in Hong Kong seems to have received a lukewarm response from its citizens. Despite…
A local media outlet reported on Monday that the Bank of China's digital yuan (e-CNY) had been used for the first time to purchase securities.
The Soochow Shares mobile application now allows investors…
A former employee of China's central bank, the People's Bank of China (PBOC), has voiced concern that the country's digital yuan is not being used more.
According to a Dec. 28…
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Alipay e-payments network will be adding digital yuan to its list of supported payment modes, according to an affiliate of the Chinese tech giant Alibaba.
The statement was made by Li Chen,…
Major Chinese state-owned commercial bank, Bank of China, will be testing a “smart contract solution” that enables parents of elementary school level children to pay for their children’s education using…