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Digital Yuan

Digital yuan rolls on as new tests announced in China
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12 February, 2021

Digital yuan rolls on as new tests announced in China

China’s plans for a central bank digital currency have taken further steps forward, with the roll out of fresh real-world...
China’s latest CBDC airdrop
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4 February, 2021

China’s latest CBDC airdrop

The Chinese city of Suzhou has announced that it will be holding a $5 million airdrop of China's central bank...
Shanghai, Beijing and other major cities plan large-scale digital yuan tests
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26 January, 2021

Shanghai, Beijing and other major cities plan large-scale digital yuan tests

The accelerated testing phase comes after a successful year for the state-backed digital currency in which it was used in...
China unveils first digital yuan physical card in Shanghai
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12 January, 2021

China unveils first digital yuan physical card in Shanghai

Unlike in Shenzhen, Beijing and Suzhou, the People’s Bank of China is expanding beyond the use of smartphones to make...
China extends digital yuan test to Beijing as Shenzhen holds second lottery
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6 January, 2021

China extends digital yuan test to Beijing as Shenzhen holds second lottery

China’s digital currency electronic payment has been in testing phase in locations including Shenzhen, Suzhou, Xiong’an New Area, and Chengdu.
Digital yuan not a replacement for the US dollar: ex-PBoC governor
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17 December, 2020

Digital yuan not a replacement for the US dollar: ex-PBoC governor

China had learned a lesson from the hostile reception Libra, now Diem, has received globally, according to the former governor...
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