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Digital Yuan

McDonald’s and Starbucks not participating in digital yuan testing: report
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17 October, 2020

McDonald’s and Starbucks not participating in digital yuan testing: report

The American fast food giants were previously thought to have been among the 3,000 firms taking part in trials of...
The CoinGeek Pulse: Episode 16
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16 October, 2020

The CoinGeek Pulse: Episode 16

In this week’s CoinGeek Pulse, Shenzhen residents receive digital yuan in People’s Bank of China’s red packet giveaway, G20 wants...
China’s Shenzhen city giving away $1.5M in digital yuan to boost adoption
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14 October, 2020

China’s Shenzhen city giving away $1.5M in digital yuan to boost adoption

Luohu district in Shenzhen will distribute 50,000 digital ‘red packets’, each containing 200 yuan ($29.7) in a lottery.
China’s 2nd largest bank briefly launches CBDC wallet—then disables it
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2 September, 2020

China’s 2nd largest bank briefly launches CBDC wallet—then disables it

The China Construction Bank briefly rolled out the feature over the weekend, allowing users of its mobile app to access...
China digital yuan catering to small retail transactions
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27 August, 2020

China digital yuan catering to small retail transactions

The digital currency electronic payment has been on a test run, targeting small retail transactions amid preparations for nationwide rollout.
Digital yuan to be tested by Tencent-backed firms in China
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17 July, 2020

Digital yuan to be tested by Tencent-backed firms in China

The People’s Bank of China has already met with the Beijing company to discuss proposals to trial digital yuan across...
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