e-CNY

Bank of China tests digital yuan SIM card payments using NFC technology
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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...
Lunar New Year sees $26M in digital yuan given out to trigger CBDC adoption: report
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9 February, 2023

Lunar New Year sees $26M in digital yuan given out to trigger CBDC adoption: report

Regional Chinese governments have handed out over 180 million yuan ($26.5 million) during the Chinese Lunar New Year, aiming to...
China: Upgraded digital yuan now with smart contract function
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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...
People’s Bank of China currency report now includes digital yuan
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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...
In China, cities start piloting e-CNY payment in public transport systems
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27 August, 2022

In China, cities start piloting e-CNY payment in public transport systems

China's CBDC adoption is moving ahead as planned, with several cities testing a new electronic payment method that lets users...
China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan
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21 August, 2022

China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan

The product is coming first to the city of Chengdu and will be developed by the Digital Research Institute, the...