Digital Yuan News

13.07 / 02:41

Digital security Mobile Experts information Chinese Banks Bolster Digital Yuan Security to Fight Money Laundering

Chinese banks say they will fight back against digital yuan-themed money laundering and identity theft schemes by rolling out new security protocols.

11.06 / 08:29

Anti-money laundering Chinese Criminal Gang Sentenced for Laundering Money with Digital Yuan

A criminal gang in China has been sentenced for money laundering using digital yuan in an international scheme.

10.06 / 09:05

CBDC Banks HSBC China Rolls Out e-CNY Services for Corporates, Signalling Foreign Banks’ Dive into Digital Yuan

HSBC China is now offering e-CNY services to its corporate clientele. The development marks it as the first foreign bank within the nation to extend services associated with the central bank’s digital currency to both retail and corporate sectors.

30.05 / 13:07

CBDC China’s Central Bank on Offshore CNY Market and Cross-Border Transaction

The People’s Bank of China, China’s central bank, will continue to support the development of offshore Chinese yuan market and cross-border payment system.

28.05 / 03:15

Citi Target Digital Platform travelers Major Chinese Bank Offer Digital Yuan Users Carbon Credit Rewards

A major Chinese bank, Industrial Bank, will reward digital yuan-using customers with carbon points as it targets further CBDC adoption.

17.05 / 20:51

Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments

Hong Kong became the first region outside mainland China to allow users to open digital wallets and hold China’s CBDC e-CNY, otherwise known as the digital yuan on Friday.

13.05 / 18:39

CBDC Report Reveals Chinese Workers Converting Earned CBDC To Cash

Chinese workers are showing a lack of enthusiasm towards the country’s central bank digital currency (CBDC). A report on May 13 revealed that some workers who received their salaries in digital yuan (e-CNY) converted the asset into fiat currency immediately after they were paid, indicating a clear preference for physical cash over the digital alternative.

29.04 / 13:07

Anti-money laundering Top Chinese Law Firm Analyzes Digital Yuan AML Challenges

China’s JunHe Law Firm has released a report addressing the anti-money laundering (AML) challenges posed by digital yuan.

19.04 / 07:04

CBDC China Opens e-CNY Research Institute, Appoints First Expert Panel

The e-CNY Research Institute has been inaugurated to support advancements of China’s central bank digital currency (CBDC).

01.04 / 10:45

CBDC China Expands Digital Yuan Accessibility Through Hardware Wallet Integration

The Qingdao branch of the Bank of China (BOC) has rolled out a new payment option for Qingdao’s metro transit system through digital yuan hardware wallets.

18.03 / 11:09

CBDC China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors

China’s central bank, the People’s Bank of China, has published a digital yuan service guide for foreign visitors to help them make contactless payments with e-CNY.

11.03 / 10:03

CBDC China’s Shandong Province Introduces Digital Yuan Loan for Entrepreneurs

China’s Shandong Province has introduced a digital yuan loan program for entrepreneurs, a step towards integrating digital currency in regional business practices.

27.02 / 02:03

Citi Digital Citizens reports gatherings Citizens Open Over 29.16 Million Digital Yuan Wallets in Suzhou, China

Suzhou, China, has reported that more than 29.16 million residents now have digital yuan wallets, as the nation’s CBDC project continues to gather pace.

26.02 / 08:33

CBDC Chinese Authority Warns of Fake Digital Yuan App Scam

The Chinese Ministry of Industry and Information Technology (MIIT) has issued a warning about new fraudulent schemes involving counterfeit digital yuan applications.

20.02 / 10:37

CBDC Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts

The Chinese city of Shenzhen has implemented digital yuan smart contracts for car pre-payments, a collaboration with the Agricultural Bank of China.

29.01 / 10:15

CBDC Chinese Company Issues First $350 Million Tech Innovation Bond Raised in Digital Yuan

A Chinese infrastructure company has successfully raised $350 million in digital yuan for its new technology innovation bond.

26.01 / 01:41

Digital Cooper Progressive reports Courts Chinese Central Bank to Expand Digital Yuan Pilot in Hong Kong

The central People’s Bank of China says it plans to expand its “cross-border” digital yuan pilot in Hong Kong.

23.01 / 11:27

CBDC China Proposes Digital Yuan’s Accelerated Adoption in Beijing and Shanghai

China authorities have proposed new policies to accelerate the adoption of digital yuan in designated districts in Beijing and Shanghai.

18.01 / 09:11

CBDC USDT Shanghai Court Issues Verdict in First Digital Yuan Money Laundering Case

A Shanghai court has issued a verdict for the first instance of money laundering using Chinese digital yuan and cryptocurrency, marking a significant legal precedent of crypto-related crimes in China.

16.01 / 04:33

UPS Digital security Investigations Chinese ‘Criminals Used Digital Yuan to Launder Money’ – Prosecutors

Chinese law enforcers say they have shut down a gang that was using digital yuan wallets to launder money.

11.01 / 04:23

Digital Progressive security Mobile Courts Number of Chinese CBDC-related Criminal Cases on the Rise

China’s rapid CBDC progress is causing a rise in digital yuan-related criminal cases, including suspected fraud, identity theft, and phishing.

facts about Digital Yuan

Who is Digital Yuan?

Digital Yuan is a public personality featured in various analyses related to recent developments.

Why is Digital Yuan attracting attention?

Digital Yuan frequently draws public interest due to widely discussed behavior, which captures media coverage.

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