Digital Yuan

Digital Yuan Used in China’s Domestic Futures Market for First Time: Report

The interbank payment using the e-CNY afforded a zero cost, efficient and convenient payment option in real time, according to the report.

News  ·  24 August 2021

Cuáles son las monedas que podrían reemplazar al dólar como principal reserva de valor

La participación de la moneda estadounidense en las reservas mundiales no ha dejado de disminuir desde hace años. ¿Tomará el euro, yuan o bitcoin su lugar en el centro de las finanzas mundiales?

Features  ·  20 August 2021

35 Chinese Banks Add Digital Yuan to Apps as Lenders Prepare for Adoption: Report

Another 94 banks plan to access the CBDC via a clearing platform.

News  ·  20 August 2021

Ranking the Currencies That Could Unseat the Global Dollar

The dollar's share of global reserves has declined steadily for years. Will the euro, yuan, or bitcoin take its place at the center of global finance?

Features  ·  15 August 2021

Honor Releases First Snapdragon Smartphone With Digital Yuan Wallet

The PBoC has been pushing for hardware applications of the digital yuan.

News  ·  13 August 2021

PBoC Says It Will Keep High Pressure on Crypto Trading

China's central bank holds that crypto trading brings financial risk to the economy, and said it will continue a crackdown on the industry.

News  ·  2 August 2021

Beijing City Blockchain Touts IPFS Interoperability

Enterprise blockchain in China is receiving government support, while crypto mining is facing a crackdown.

News  ·  23 July 2021

China Unveils Cryptography Research Center to Support Digital Yuan

The institute will be used to develop applications of the technology in an effort to boost security for China's central bank digital currency.

News  ·  22 July 2021

Insurer Pingan Issues Digital Yuan COVID-19 Policies for Medical Staff: Report

Purchasers who pay for their coronavirus coverage with e-CNY can receive discounts.

News  ·  21 July 2021

Canada CBDC ‘Probably Necessary’ for Competition, Central Bank Says in Paper

The authors argue a central bank digital currency will likely be positive for Canadians, breaking monopolies in big tech and traditional finance.

News  ·  21 July 2021

Digital Yuan Used in $5B of Transactions, Says China’s Central Bank

The PBOC also said the central bank digital currency will be compatible with smart contracts.

News  ·  16 July 2021

China’s CBDC Trials Reach Beijing Subway

Passengers with Industrial and Commercial Bank of China's mobile app can use the digital yuan to pay their fares.

News  ·  30 June 2021

Chinese Commercial Bank Enables Digital Yuan-Cash Conversion at ATMs

The Industrial and Commerce Bank of China has become the first bank in the country to launch a feature converting cash to the digital yuan.

News  ·  18 June 2021

Ex-Head of China’s Digital Yuan Effort Says CBDCs Could Operate on Ethereum

Central bank digital currencies will one day be more "smart," and not merely digital versions of cash, Yao Qian said.

Tech  ·  31 May 2021

US Lawmakers Introduce Bill to Require Digital Dollar Updates

A bipartisan bill would require the U.S. Treasury secretary to publish a report on the dollar's role in the global economy, as well as how central bank digital currency efforts are proceeding.

News  ·  26 May 2021