Digital Yuan
Huawei new smartphone comes with digital yuan wallet
Huawei’s latest range of smartphones will allow its users to store, send and receive China’s central bank digital currency.
Shenzhen pilot program highlights potential for digital yuan
The digital yuan is not a digital currency like Bitcoin, but a virtual fiat currency issued and controlled by the...
China’s new draft law seeks to legalize digital yuan but ban competitors
In a new draft law, the bank proposed banning any yuan-pegged digital tokens, effectively killing off any competitor to its...
Hong Kong finance chief open to collaboration on digital yuan
The Hong Kong government is reportedly exploring working with Chinese authorities to incorporate the digital yuan in wholesale and cross-border...
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...
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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