
Digital Yuan
US senators propose to bar apps supporting digital yuan payments from app stores
U.S. senators have proposed a bill that will prohibit application stores like Google and Apple from hosting apps supporting digital...
China trials tax and charge payments with digital yuan
The country is now testing the digital yuan—e-CNY—for use in payments of tax, stamp duty, and social security premiums with...
China doubles digital yuan pilots as it targets upcoming Asian Games
China’s central bank plans to expand the pilot to Xiamen, Fuzhou, Tianjin, and cities in Zhejiang province, which will be...
China central banker urges for regulatory changes to accommodate digital yuan
An official from Nanjing city wants the law amended to clarify the digital yuan’s position in the payment system, including...
Will China’s digital yuan unseat the US dollar?
The U.S. dollar makes up 51% of central bank reserves, while the CNY only takes up 2%. Also, the U.S....
China’s digital yuan wallet launches on app stores for 11 select cities
The wallet is available for users in Shenzhen, Shanghai, Chengdu, Qingdao, Suzhou and six other cities, as well as those...
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