Shenzhen, China’s southeastern metropolis has begun to issue digital yuan hard wallets to Hong Kong tourists, but demand has fallen short of expectations thus far. The...
Chinese cities have launched digital yuan (e-CNY) activities worth over $26.6 million (180 million yuan) to promote its adoption. During the Spring Festival, nearly 200 digital...
For the first time, the digital yuan (e-CNY), a token issued by the Bank of China, has been used to purchase securities. The country put the...
The highly anticipated Beijing Winter Olympics have come and gone, and the soft launch of China’s CBDC, the e-CNY, had a very frosty reception at the...
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,...
After eight years of guesses, discourse, and conflicting reports, China’s digital yuan CBDC made a rather low-key debut at the 2022 Beijing Winter Olympics on 4...
Little more than a week before the global launch of China’s CBDC, a neighbouring country has announced the “successful” completion of a CBDC pilot. CBDCs over...
China is nearing its e-CNY official debut when the Winter Olympics commences on 4 February, 2022. Latest before the debut In an announcement dated 19 January,...
One might be tempted to think that China has dropped out of the crypto race, due to its stance against crypto transactions and more recently, NFTs....
A state-backed digital asset exchange might soon crop up in China. However, cryptocurrencies might not be able to find a spot there. In a bid to...