
Digital Yuan
-
14 November, 2020
China to develop new CBDC test zone in Beijing
The PBoC’s Digital Currency Research Institute announced that it was planning to build a ‘legal digital currency test zone’ in...
-
5 November, 2020
Huawei new smartphone comes with digital yuan wallet
Huawei’s latest range of smartphones will allow its users to store, send and receive China’s central bank digital currency.
-
31 October, 2020
Shenzhen pilot program highlights potential for digital yuan
The digital yuan is not a digital currency like Bitcoin, but a virtual fiat currency issued and controlled by the...
-
29 October, 2020
China’s new draft law seeks to legalize digital yuan but ban competitors
In a new draft law, the bank proposed banning any yuan-pegged digital tokens, effectively killing off any competitor to its...
-
28 October, 2020
Hong Kong finance chief open to collaboration on digital yuan
The Hong Kong government is reportedly exploring working with Chinese authorities to incorporate the digital yuan in wholesale and cross-border...
-
26 October, 2020
Chinese consumers spend 8.8 million in digital yuan trial
Equivalent to around $1.3 million in spend, Shenzhen residents reportedly turn to the as-yet-unreleased digital currency for payments in a...