Digital Yuan

Digital Yuan

Regulación

Digital Yuan Likely to Feature at China's 'Two Sessions' Meetings of Lawmakers: Report

The central bank digital currency is expected to be raised at China's biggest meetings of legislators later this week.

People's Bank of China, Beijing

Finanzas

Tencent and Ant Group-Backed Banks to Join China's Digital Yuan Trial: Report

The two commercial banks join the six state-owned banks already participating in the CBDC trial.

Chinese yuan

Regulación

China's Central Bank Is Partnering With SWIFT on a New Joint Venture

It's unclear what the new group's mission will be, though People's Bank of China employees working on its digital currency efforts will be involved.

People's Bank of China's headquarters in Beijing

Tecnología

Geopolitics at Stake in US Response to China's Digital Yuan: Report

From privacy to political power, China’s digital yuan will have far-reaching implications.

nuno-alberto-MykFFC5zolE-unsplash

Regulación

Beijing, Shanghai to Join Wider Testing of Digital Yuan in 2021

The wider effort to promote the digital currency precedes a launch in the "near future," per a state media report.

Beijing

Tecnología

Chinese City Plans Third Digital Yuan Pilot, Giving Away $3M in Prize Draw

Lottery entrants can apply to win 200 digital yuan each.

Shenzhen, China

Tecnología

Chinese Bank Trials Digital Yuan Services at ATMs: Report

Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen.

Shenzhen, China.

Regulación

Shenzhen to Double Digital Yuan Giveaway in China's Latest Lottery Test

The latest digital currency giveaway is aimed to gauge user experience ahead of an expected launch.

Chinese red envelope gift

Mercados

Ex-People's Bank Chief Says Digital Yuan Not Planned to Replace Global Currencies

"We are not like libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China.

Zhou Xiaochuan

Regulación

3 Chinese E-Commerce Giants Join Latest Digital Yuan Lottery Trial: Report

Didi, Meituan and Bilibili are reportedly taking part in the latest test of the digital yuan, allowing lottery winners to spend the digital currency online.

Lucky Chinese coins