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Digital Yuan

Business

Wahid Pessarlay

15 July, 2023

Bank of China tests digital yuan SIM card payments using NFC technology

Aside from the CBDC functionality, the Bank of China stated that the SIM cards may support several applications, including access...

DBS Bank floats digital yuan offering for corporate clients in China

Business

Wahid Pessarlay

11 July, 2023

DBS Bank floats digital yuan offering for corporate clients in China

DBS Bank backs the mass adoption of China's CBDC, laying plans to launch a new offering that would allow mainland...

China’s Jinan city accepts digital yuan as payment for bus rides

Business

Wahid Pessarlay

9 July, 2023

China’s Jinan city accepts digital yuan as payment for bus rides

The pilot will run from July 1 until September 30 and is designed to enable administrators to test-run a full-scale...

Shanghai Clearing House floats digital yuan services for commodity trading

Business

Wahid Pessarlay

30 June, 2023

Shanghai Clearing House floats digital yuan services for commodity trading

One of the changes of the new regime is abolishing the 2022 “Guidelines for the Spot Clearing Business of Bulk...

Second iteration of cross-border CBDC pilot between China, Hong Kong falters

Business

Wahid Pessarlay

24 June, 2023

Second iteration of cross-border CBDC pilot between China, Hong Kong falters

The CBDC pilot initiative hit a road bump following several user complaints, including the limited number of merchants accepting the...

China expands digital yuan pilot for SME loans to trigger widespread usage

Business

Wahid Pessarlay

23 May, 2023

China expands digital yuan pilot for SME loans to trigger widespread usage

Banking officials state that relying on CBDCs for SME loans can ensure "the authenticity and credibility of the closed-loop circulation...

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Wahid Pessarlay

18 Sep 2025

Digital Yuan

Bank of China tests digital yuan SIM card payments using NFC technology

DBS Bank floats digital yuan offering for corporate clients in China

China’s Jinan city accepts digital yuan as payment for bus rides

Shanghai Clearing House floats digital yuan services for commodity trading

Second iteration of cross-border CBDC pilot between China, Hong Kong falters

China expands digital yuan pilot for SME loans to trigger widespread usage

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Trending

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