
Digital Yuan
China expands CBDC testing to 4 new provinces as adoption rates skyrocket
China is embracing the adoption of its digital yuan, as seen in the record-breaking number of citizens piloting the CBDC,...
Australia: Senator introduces bill regulating digital assets, stablecoins and digital yuan
Introduced by Senator Andrew Bragg, the Digital Assets (Market Regulation) Bill 2022 requires disclosures from Australian companies dealing in digital...
Reserve Bank of India in talks with global financial institutions, local banks on piloting CBDC
India is eager to kickstart its CBDC trial, partnering with renowned fintech firms to ensure the success of the initiative,...
In China, cities start piloting e-CNY payment in public transport systems
China's CBDC adoption is moving ahead as planned, with several cities testing a new electronic payment method that lets users...
Chinese municipal bank issues first digital yuan loan holding IP as collateral
The Rural Commerce Bank of Zhangjiagang, located in China's Suzhou province, has issued the first-ever digital yuan loan backed by...
PBoC to onboard more provinces and cities to China’s CBDC platform
Lan Zhou noted that the CBDC had an impressive level of adoption across the test sites—citing that as of May,...
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