You may know the ‘Society for Worldwide Interbank Financial Telecommunication’ as SWIFT – a cross-border payment system that makes it possible for users worldwide to shop,...
The Chinese government may want to reconsider the security of its central bank digital currency [CBDC] in the backdrop of Xinmi police’s crackdown on the first-ever...
Chinese trials for its digital currency are going forward with Meituan, a leading e-commerce platform service in China. Meituan will begin airdropping digital yuan “red packets”...
China plans to carry out the trial of its Digital Currency Electronic Payment [DCEP] or digital Yuan in 2022 during the Winter Olympics. In fact, according...
China has been leading in terms of the development of its Digital Currency Electronic Payment [DCEP] or commonly known as, Digital Yuan and the country has...
China has taken another leap in its developmental efforts of its Digital Currency Electronic Payments [DECP]. On Monday, reports pointed out that Ant-backed MYbank will be...
China has made tremendous progress with regard to its digital Yuan and has been testing its use on quite a larger scale. It recently started the...
For the third time, China’s southeastern city of Shenzhen will issue the nation’s digital currency as part of an ongoing pilot program to test China’s central...
Zhou Xiaochuan, former Governor of China’s central bank revealed today that the nation’s long-awaited Digital Currency Electronic Payment or its CBDC, digital yuan, is not being...
Today, the 11th of December, marked the first day of China’s latest DCEP trial in Suzhou after results of the lottery were announced earlier in the...