Singapore customers of ICBC and BOC can top up their e-CNY wallets from their Singapore bank accounts. Read more at ...
Imagine a world where your money moves with you, seamlessly and securely, even without an internet connection. Enter the digital yuan, China’s innovative leap into digitizing currency, transcending ...
China's digital yuan, also known as e-CNY, is failing to catch on during a trial in which state employees receive their salary in the central bank digital currency (CBDC), according to a report by the ...
China’s digital yuan, the country’s central bank digital currency (CBDC), is facing significant hurdles in gaining widespread adoption. Despite an ambitious rollout that began in 2019, user reluctance ...
The journey towards the Digital Yuan began in 2014 when China started researching and experimenting with CBDCs. The motivation behind this digital leap was to enhance financial inclusion, reduce costs ...
Huaxia Bank has issued $637 million in blockchain-based bonds using the digital yuan, China's central bank digital currency.
Yuexiu and Nansha Districts have been designated as pilot zones to test central bank digital currency (CBDC) applications. These initiatives include partial salary payments for public officials and ...
Israel and China are tightening control over digital currencies, raising questions about the future dominance of US stablecoins.
Hua Xia Bank, a commercial bank operating in China, has successfully issued $600 million in tokenized yuan-backed bonds to ...
A court in China has sentenced members of a “gang” to prison and the payment of fines for money laundering using the yuan central bank digital currency, according to the local press. The People’s ...
China has opened a national institute to research how to use cryptography to secure the digital yuan, state-owned People’s Daily reported on Wednesday. The views and opinions expressed herein are the ...