
Digital Yuan
China links digital yuan to Hong Kong’s Faster Payments System in second CBDC trial phase
China has embarked on the second phase of its cross-border central bank digital currency research with Hong Kong, and it...
China releases new digital yuan coupons ahead of 2022 Olympics
Four state-owned banks issued a new batch of digital yuan coupons in Beijing, which officials said can be used for...
Chinese police crack down on digital yuan fraud ring
Local authorities received a report from a woman who claimed she had been defrauded through a well-orchestrated digital yuan scam.
PBoC: 10% of Chinese citizens have used digital yuan with $10B in transactions
The Chinese central bank revealed the figures at a recent event, adding that there are now 10 million corporate accounts...
China urges US companies to accept digital yuan
The digital yuan pilot started in Shanghai with 270 McDonald's branches accepting central bank digital currency as payment, although reports...
JD.com partners with local bank for digital yuan giveaway
JD.com has teamed up with the Bank of Communications to give away $2.5 million in a lottery for the second...
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