Luohu district in Shenzhen will distribute 50,000 digital ‘red packets’, each containing 200 yuan ($29.7) in a lottery.
The China Construction Bank briefly rolled out the feature over the weekend, allowing users of its mobile app to access...
The digital currency electronic payment has been on a test run, targeting small retail transactions amid preparations for nationwide rollout.
The People’s Bank of China has already met with the Beijing company to discuss proposals to trial digital yuan across...
DiDi has entered into a strategic partnership with the People’s Bank of China’s Digital Currency Research Institute to solidify the...
Yi Gang, head of the Chinese central bank, said there was no date for an official launch yet for the...