Digital Yuan

China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts
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1 November, 2022

China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts

China's adoption rates of its digital yuan have soared since its introduction, but privacy concerns and a gloomy economic outlook...
Macau advances digital currency acceptance, but will casinos accept?
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21 October, 2022

Macau advances digital currency acceptance, but will casinos accept?

Macau is eyeing 'currency in digital format' as legal tender as digital payment adoption rises, and while merchants are expected...
China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally
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18 October, 2022

China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally

Amid privacy concerns, there has been a strong adoption of China's digital yuan, with transactions using the virtual currency exceeding...
China expands CBDC testing to 4 new provinces as adoption rates skyrocket
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24 September, 2022

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
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20 September, 2022

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
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10 September, 2022

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,...