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Digital Yuan

Beijing underground rolls out full integration of CBDC for payments
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12 August, 2021

Beijing underground rolls out full integration of CBDC for payments

The city’s railway announced last week that the digital yuan, or e-CNY, would be available immediately at 428 stations across...
China rolls out digital yuan for subway payments in Beijing, Suzhou
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3 July, 2021

China rolls out digital yuan for subway payments in Beijing, Suzhou

The municipal government of Beijing announced that users of the Industrial and Commercial Bank of China digital app would be...
The CoinGeek Pulse Episode 49: China intensifies crackdown as US ‘hubs’ to the rescue, and Centbee Minit Money joins sandbox
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25 June, 2021

The CoinGeek Pulse Episode 49: China intensifies crackdown as US ‘hubs’ to the rescue, and Centbee Minit Money joins sandbox

In the wake of testing its central bank backed digital currency in different cities, China intensifies crackdown on block reward...
China central bank orders banks to cut off all digital currency OTC merchants
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22 June, 2021

China central bank orders banks to cut off all digital currency OTC merchants

China’s central bank has issued a statement ordering commercial banks to cut off all digital currency-related activities, including over-the-counter digital...
Hong Kong to study retail CBDC as it links China’s digital yuan to domestic payments
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11 June, 2021

Hong Kong to study retail CBDC as it links China’s digital yuan to domestic payments

While announcing a roadmap that seeks to strengthen the region’s fintech sector, the HKMA revealed it has been collaborating with...
China giving away $6 million in Beijing digital yuan test
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7 June, 2021

China giving away $6 million in Beijing digital yuan test

The Beijing Local Financial Supervision and Administration Bureau plans to give away 200 red envelopes to local residents, with each...
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