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Digital Yuan

Tencent to participate in mBridge MVP
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27 June, 2024

Tencent to participate in mBridge MVP

Through its domestic payments platform, Tenpay Global, Tencent has been testing mBridge payments for e-commerce exports and will participate in...
HSBC extends digital yuan services for corporate clients, eyes new use cases
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16 June, 2024

HSBC extends digital yuan services for corporate clients, eyes new use cases

With talks of the commercial rollout of the digital yuan just around the corner, HSBC has started offering corporate clients...
Digital yuan app removes ‘pilot’ from description, fueling speculation for production
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10 June, 2024

Digital yuan app removes ‘pilot’ from description, fueling speculation for production

The People’s Bank of China has yet to formally announce a mainstream rollout of the digital yuan, and local authorities...
Hong Kong enables digital yuan payments
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28 May, 2024

Hong Kong enables digital yuan payments

Hong Kong has become the first destination beyond mainland China to allow residents to open digital yuan wallets and make...
China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use
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14 May, 2024

China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use

Chinese authorities insist that monitoring is only a concern with large transactions, as the digital yuan can be used for...
China working on CBDC guide to make digital yuan more accessible to foreign users
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27 March, 2024

China working on CBDC guide to make digital yuan more accessible to foreign users

The People’s Bank of China—the country's central bank—and its Digital Currency Research Institute have published a guide for foreign tourists...
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