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Digital Yuan

Business

Wahid Pessarlay

8 February, 2023

China’s Communist Party sets ambitious goals for the digital yuan in 2023

Officials of the Chinese Communist Party (CCP) in Suzhou are eyeing a massive usage spike of the digital yuan in...

China: Upgraded digital yuan now with smart contract function

Business

Wahid Pessarlay

24 January, 2023

China: Upgraded digital yuan now with smart contract function

Digital yuan's smart contract functionality was integrated into the food delivery app Meituan, allowing users of the digital yuan to...

China’s digital yuan deployed in securities trade for the first time

Business

Wahid Pessarlay

20 January, 2023

China’s digital yuan deployed in securities trade for the first time

Soochow Securities has become the first Chinese firm to use the digital yuan in securities trading and providing technical and...

People’s Bank of China currency report now includes digital yuan

Business

Wahid Pessarlay

16 January, 2023

People’s Bank of China currency report now includes digital yuan

Including digital yuan data in the final report is a clear statement of intent by the PBoC to move with...

China’s CBDC wallet utilizes AliPay’s red packets to boost adoption amid stiff competition

Business

Wahid Pessarlay

2 January, 2023

China’s CBDC wallet utilizes AliPay’s red packets to boost adoption amid stiff competition

To boost CBDC wallet adoption and keep up with the payments industry, the PBoC digitally incorporated China's age-old tradition of...

China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts

Business

Wahid Pessarlay

1 November, 2022

China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts

China's adoption rates of its digital yuan have soared since its introduction, but privacy concerns and a gloomy economic outlook...

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Steve Kaaru

18 Jul 2025

Digital Yuan

China’s Communist Party sets ambitious goals for the digital yuan in 2023

China: Upgraded digital yuan now with smart contract function

China’s digital yuan deployed in securities trade for the first time

People’s Bank of China currency report now includes digital yuan

China’s CBDC wallet utilizes AliPay’s red packets to boost adoption amid stiff competition

China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts

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