Lan Zhou noted that the CBDC had an impressive level of adoption across the test sites—citing that as of May,...
The airdrop is a joint effort with Meituan Dianping, one of China's leading food delivery apps, according to a statement...
U.S. senators have proposed a bill that will prohibit application stores like Google and Apple from hosting apps supporting digital...
The country is now testing the digital yuan—e-CNY—for use in payments of tax, stamp duty, and social security premiums with...
China’s central bank plans to expand the pilot to Xiamen, Fuzhou, Tianjin, and cities in Zhejiang province, which will be...
An official from Nanjing city wants the law amended to clarify the digital yuan’s position in the payment system, including...