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.
Honor Releases First Snapdragon Smartphone With Digital Yuan Wallet
The PBoC has been pushing for hardware applications of the digital yuan.
Breaking: Binance May Face Investigation in the $134 Million Money Laundering Case in India
Binance crypto exchange’s legal trouble has extended to India now. The world’s largest crypto exchange is under the scanner of the Indian anti-money laundering agency Enforcement Directorate (ED) for its…
Digital Yuan to Promote International Use of Chinese Currency, Experts Say
The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of…
China’s Digital Yuan Places Ant And Tencent In An Off-Kilter Position
HONG KONG—China is looking on private-area pioneers Ant Group Co. also, Tencent Holdings Ltd. to help it foster state-upheld advanced money that compromises the pair’s…
Why US May Raise Digital Yuan Concerns as Senior Diplomat Visits China
Brewing concerns over digital yuan use by individuals or entities in or outside China could make the list of key issues the US Deputy Secretary of State, Wendy R. Sherman,…
Digital yuan pilots expand to insurance industry for the first time
China’s central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19.
China Hits out at Senators Who Asked for an Olympic Block on Digital Yuan
Beijing has lashed out at three Republican senators who have asked the United States Olympic & Paralympic Committee to block American athletes from using the digital yuan, the central bank…
China wants US senators to ‘stop making trouble’ out of digital yuan
China’s Foreign Ministry responded to U.S. senators’ claim regarding the digital yuan’s function as a tracking and tracing tool during the 2022 Beijing Winter Games.
Pingan Issues Digital Yuan COVID-19 Insurance Policies for Medical Staff: Report
Purchasers who pay for their coronavirus coverage with e-CNY can receive discounts.
