Digital Yuan
February 27, 2024
Published by Victoria Kyle at February 27, 2024
An allegedly fake digital yuan app has been uncovered, as reported in a post on WeChat attributed to the Chinese Ministry of Industry and Information Technology. […]
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September 26, 2023
Published by Victoria Kyle at September 26, 2023
The e-CNY app now allows tourists to top-up their wallets using Mastercard and Visa payments with a “recharge first and use later” option. Tourists who […]
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September 04, 2023
Published by Victoria Kyle at September 04, 2023
In the short term, e-commerce platforms can integrate the CBDC through QR codes. As China’s digital yuan, a central bank digital currency (CBDC), undergoes technological […]
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July 20, 2023
Published by Victoria Kyle at July 20, 2023
While the adoption and use cases of China’s central bank digital currency are expanding, the digital yuan still only represents 0.16% of China’s monetary supply. […]
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July 05, 2023
Published by Victoria Kyle at July 05, 2023
Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen. DBS Bank China has announced the launch […]
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December 28, 2022
Published by Victoria Kyle at December 28, 2022
The digital yuan wallet application uses the traditional Chinese way of donating money, which has become virtual with the growth of digital payments. China’s digital […]
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