Tag: digital yuan

Beijing subway has officially launched a new program that allows passengers to pay for rides with the central bank digital currency (CBDC) also known as the digital yuan. The news…

China’s digital yuan may become a key risk to the euro’s international role, the European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau has said. Villeroy, who is…

The Beijing Rail Transit has launched a pilot program for the acceptance of the digital yuan, Chinese central bank-backed digital currency, as payment. The pilot program is yet another one…

Chinese authorities are assisted in this by large financial organizations. Industrial and Commercial Bank of China (ICBC), the largest commercial bank in China, has installed over 3,000 ATMs in Beijing,…

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.

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Anyone following Bitcoin and the wider cryptocurrency market knows that investing can feel like a rollercoaster.…

Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital city will now be able to exchange their e-CNY funds…

China continues its efforts to boost adoption of the digital yuan.

The Agricultural Bank of China previously debuted digital yuan ATMs this January.

China has expanded its digital currency experiment with a roll-out of digital yuan conversion feature at more than 3,000 ATMs in Beijing.