
Digital Yuan
Chinese state-owned entities settle $14M cross-border gold trade with digital yuan
Other participants include the Shanghai Financial Exchange International Board and the Bank of China (Hong Kong), with participants pledging increased...
China, Singapore launch digital yuan cross-border payments pilot for tourists
The Monetary Authority of Singapore and People's Bank of China have signed the MOU to allow Chinese and Singaporean tourists...
China’s digital yuan pilot gathers steam
The future of CBDC transactions is on the horizon as more banks onboard China's digital yuan pilot, exploring various use...
Digital yuan’s merchant fee removal worries point-of-sale manufacturers
China's digital yuan rollout prompts concerns among point-of-sale manufacturers about potential earnings decline, leading the PBoC to explore incentives for...
Shenzhen ramps up CBDC adoption with first-ever e-CNY industrial park
Shenzhen, aiming for a widespread digital yuan adoption, Shas unveiled an industrial park housing various financial institutions that will serve...
China’s digital yuan used for crude oil deal: report
China's digital yuan makes its mark in a landmark crude oil transaction, underscoring its growing significance in cross-border trade and...
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