WeChat to Support Digital Yuan Pilot Program
China’s social media giant WeChat has concluded plans to support the nation’s pilot program for the Central Bank Digital Currency (CBDC) also known as Digital Yuan. The plan which was…
WeChat Pay to Offer Digital Yuan Payment Options as China’s CBDC Pilot Expands
The Chinese e-pay platform WeChat Pay has unveiled a digital yuan interoperability solution that will allow users of the service to make payments in the central bank-issued token.
PBoC: Digital yuan trial expands to 11 more cities
On March 31, 2022, the People’s Bank of China held a symposium on the pilot work of digital RMB (digital yuan) research and development to summarize the preliminary research and…
China’s Central Bank Adds More Digital Yuan Pilot Cities
China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the latest official data, the digital yuan has more than 261…
People’s Bank of China Includes 11 More Cities in Digital Yuan Pilot Program
The People’s Bank of China has announced that its digital yuan program will add 11 more cities to its experimental pilot plan. The post People’s Bank of China Includes 11…
China to Extend Digital Yuan Test as Russia Invasion Highlights Crypto’s Potential Role
The government is on the verge of authorizing trials of the central bank’s digital currency in a number of towns and regions. Bitcoin and other…
China’s Digital Yuan Can Help Russia Bypass the SWIFT Sanctions, Here’s How
Following Russia’s attack on Ukraine last week, the NATO allies have decided to impose sanctions cutting down Russia from the global SWIFT financial ecosystem. However, this could give rise to…
Digital yuan is being used to make 2 million yuan worth of payments each day at the Beijing Olympics, a PBoC official revealed.
A top official from The People’s Bank of China (PBOC) has provided an update on the latest trial of the Chinese central bank digital currency (CBDC) during a webinar arranged…
Here’s how much digital yuan used at Olympics, according to PBoC
Foreign users tend to use hardware e-CNY wallets more at the Olympics, while domestic users mainly go for software wallets.
China’s digital yuan takes on Visa at the Beijing Winter Olympics
#China #Olympics #WinterOlympics CoinDesk Global Macro Editor & TV Anchor Emily Parker joins Yahoo Finance Live to discuss China’s digital yuan taking on Visa at the Beijing Winter Olympics and…
