Digital Yuan News

27.12 / 08:26

Provident Digital travelers China Unveils Digital Yuan Wallet Machine for Foreign Passport Holders

China has launched its first automated digital yuan wallet-opening machine for overseas passport holders.

21.12 / 05:12

Digital Chinese Bank Seals First-ever Cross-border CBDC-powered Precious Metals Deal

The Bank of China has completed the world’s first cross-border CBDC-powered precious metals deal – a gold transaction worth some $14.1 million.

20.12 / 00:22

Provident Digital Enterprise Experts country Banks Flock to Chinese Digital Yuan Pilot – 60 Now Offer CBDC Wallets

Nine more banks have joined China’s digital yuan pilot, bolstering the number of banks offering CBDC wallets to 60.

18.12 / 00:47

Digital Ex-Central Bank Chief Says China ‘Must Lead World’ in CBDC Adoption

The former Governor of China’s central bank, Dai Xianglong, has insisted that China needs to “lead the world’ in CBDC adoption, as the nation’s digital yuan pilot continues.

08.12 / 02:39

Citi Digital Citizens Platform reports end Chinese Cities Launch End-of-Year Digital Yuan Giveaways

More Chinese cities will give away digital yuan tokens and discount vouchers this month, as the People’s Bank of China (PBoC) looks to spur CBDC adoption.

04.12 / 02:51

Citi Provident Digital country innovations Chinese Firms Can Now Make Digital Yuan Housing Fund Payments

Chinese firms can now use the digital yuan to pay into employee housing funds, as the nation’s banks look for new CBDC applications.

01.12 / 01:07

More Hong Kong Banks Set to Join Digital Yuan Pilot, Gov’t Confirms

Hong Kong’s government says more banks based in the country are preparing to join Mainland China’s digital yuan pilot.

28.11 / 10:38

Digital Remark show social reports HSBC, Hang Seng Join China’s Digital Yuan Pilot

The international banking giants HSBC and Hang Seng Bank have joined China’s digital yuan pilot.

27.11 / 23:15

China CBDC Standard Chartered to Participate in Trials of China’s Digital Yuan CBDC – Here’s What You Need to Know

Standard Chartered, a British multinational bank, will initiate exchange services for China’s central bank digital currency (CBDC), the digital yuan, as it is set to participate in its trials.

27.11 / 06:41

Citi Provident Digital Platform country China Links Digital Yuan to ‘World’s Biggest Commodities Market’

A state-owned Chinese bank will link the digital yuan to the “world’s biggest small commodities market” via the latter’s payment platform.

23.11 / 05:37

Citi Provident Digital Enterprise Bill China Debuts Solar Power Industry Digital Yuan Smart Contracts

A Chinese power provider says it has completed the first digital yuan smart contract transaction in the solar power industry.

22.11 / 06:09

Digital Man Mobile Apple Chinese Police Warn of Rise in CBDC-themed Money Laundering Schemes

Chinese police say there has been an increase in CBDC-themed money laundering schemes as the digital yuan rollout continues.

13.11 / 05:21

Citi Digital Citizens Aware travelers Chinese Newlyweds to Scoop Digital Yuan Giveaways

Chinese newly married couples stand to receive up to $715 worth of digital yuan tokens, discount vouchers, and coupons for tying the knot.

07.11 / 01:21

Digital reports testing China’s Digital Yuan Scores Taiwan First with Bond Offering

China’s digital yuan has completed another historic CBDC first, with a Taiwan-based firm “successfully” issuing e-CNY bonds.

27.10 / 01:35

Citi Digital Cooper Citizens Mobile services Chinese Ride Sharing Giant Didi Chuxing Rolls out Digital Yuan Services

China’s ride-sharing giant Didi Chuxing has unveiled a new digital yuan service that will let citizens in 250 parts of the nation use their CBDC coins to rent motorcycles.

26.10 / 10:37

Digital Cooper Platform country reports e-CNY International China Aiming for International Digital Yuan Expansion – e-CNY Going Global?

There are clear signs China wants to take the digital yuan, its CBDC, into the global arena – with CIPS and BRI integrations in the pipelines.

17.10 / 06:33

Digital Enterprise country reports Chinese Bank Rolls Out Digital Yuan Supply Chain Financing Solution

More Chinese banks want to use digital yuan-powered smart contracts in their operations, and hope to use the CBDC in the financing of supply chains.

13.10 / 08:07

CBDC China's FX Minister Suggests CBDC Programmability for Macroeconomic Management

An official from China's foreign exchange regulatory body has suggested the potential use of "programmable features" within China's Central Bank-Backed Digital Currency (CBDC) to bolster the effectiveness of monetary policy tools.

13.10 / 02:01

Provident Digital Enterprise Tencent services Chinese IT Giant Tencent Launches Digital Yuan Smart Contract Services

The Chinese tech titan Tencent, the WeChat operator, will launch a digital yuan smart contract offering for small and medium-sized enterprises (SMEs).

12.10 / 06:15

Citi Digital Parke reports park China’s Shenzhen Launches Digital Yuan Industrial Park

A group of Chinese firms will move into a CBDC-themed “digital yuan industrial park.”

11.10 / 01:19

Citi Provident Digital stage reports Rise in Chinese Banks Issuing Digital Yuan Corporate Loans

More Chinese banks are issuing loans in the digital yuan, the nation’s central bank digital currency (CBDC), as e-CNY corporate financing options diversify.

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