Digital Yuan

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...
China’s ride-hailing service DiDi signs on to pilot digital yuan
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11 July, 2020

China’s ride-hailing service DiDi signs on to pilot digital yuan

DiDi has entered into a strategic partnership with the People’s Bank of China’s Digital Currency Research Institute to solidify the...
PBoC governor confirms ‘no timetable’ for digital yuan
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29 May, 2020

PBoC governor confirms ‘no timetable’ for digital yuan

Yi Gang, head of the Chinese central bank, said there was no date for an official launch yet for the...
China central bank to develop blockchain trade finance platform
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16 May, 2020

China central bank to develop blockchain trade finance platform

Participating banks will be able to share information on the blockchain, without the need for third party verification or intervention.
McDonald’s and Starbucks join China’s digital yuan trial: report
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25 April, 2020

McDonald’s and Starbucks join China’s digital yuan trial: report

McDonald’s and Starbucks are among a group of companies to sign up to take part in a trial of China’s

China plans to give CBDC to state employees in pilot scheme
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19 April, 2020

China plans to give CBDC to state employees in pilot scheme

The scheme will see government employees in Suzhou paid 50% of their travel subsidies for May in digital currency.
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