According to local news outlet Sohu, China's Suzhou province bank, the Agricultural Commerce Bank of Zhangjiagang disclosed that 500,000 digital yuan (e-CNY) loan had been issued — with intellectual property…
Those digital yuan wallets with the highest levels of privileges and requiring no transaction cap would need to be opened with a bank with personal identification.
Over 140 million Chinese…
Now, digital yuan can be used for fare payments on China's major public transport railways.
Beijing subway has officially launched a program that allows passengers to pay for fares with the…
Biden administration surveying the Chinese digital yuan more closely, as a perceived threat to dollar dominance
Despite being the world's second largest economy, the Chinese yuan only represents some 2%…
Vice Governor at the Central Bank of China, Li Bo, has made a statement in the Boao Forum that was held on Sunday, and attended by top Chinese and foreign…
What does this mean for the world of digital currency? Regarded as one of the largest economies, China is taking its Yuan to a whole new economic height. Sponsored by…
China's digital yuan is nearing launch and some are concerned this will undermine the Chinese love for Bitcoin and cryptocurrencies
Fears that Beijing will crack down hard on cryptocurrencies may…
A nation will be one of the firsts to create a digital version of its currency. The nation in question is China and the launch of the digital yuan may be…
Ahead of the Chinese New Year in February, the city of Shenzhen is slated to hold its third lottery for digital yuan, which will see another 10,000 Chinese citizens in…
China may not be a fan of cryptocurrencies, but it has confidently tossed its vote for blockchain, especially after President Xi Jinping encouraged development in the sector nationwide across different…