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.…
It has just been revealed that China's central bank officially partnered up with Ant Group, Alibaba Group's fintech affiliate, to provide support for the development of a technical platform for…
What does this mean for the world of digital currency? Regarded as one of the largest economies, China is taking its Yuan to a whole new economic height. Sponsored by…
Cryptocurrency advocates remain massed and ready to rush the barricades of traditional finance. Who will rise to lead this charge?
The Chinese government, if you can believe that.
It will soon launch…
Crypto and financial analysts across the globe marvelled at China’s progress in developing and testing its central bank digital currency, the Digital Currency Electronic Payment (DCEP), last week. This came…
Running at the forefront of the digital finance game, China is persevering in familiarizing its citizens with its central bank digital currency (CBDC), the digital yuan (DCEP), on a large…
One of the first proponents of central bank digital currencies (CBDCs) when countries were still in the discussion phase on whether or not to embark on a digital currency route,…