
Digital Yuan
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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...
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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...
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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...
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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.
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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...
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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.