
Digital Yuan
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,...
Shenzhen gives away free 30M digital yuan to attract consumer spending
The airdrop is a joint effort with Meituan Dianping, one of China's leading food delivery apps, according to a statement...
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...