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01-30-2025
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People’s Bank of China

China must prevent the use of digital yuan in crime: former central bank governor
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17 October, 2023

China must prevent the use of digital yuan in crime: former central bank governor

As the costs of using any technology drop, it becomes easier for criminals to abuse it; just look at crypto...
Digital yuan enhances new cross-border functionality for Hong Kong
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14 October, 2023

Digital yuan enhances new cross-border functionality for Hong Kong

China boosts CBDC for tourist adoption focusing on Hong Kong residents, new features enable seamless Faster Payment System top-ups, advancing...
Digital yuan mobile app now accepts Visa, Mastercard top-ups for tourists
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29 September, 2023

Digital yuan mobile app now accepts Visa, Mastercard top-ups for tourists

The new update will allow users of the digital yuan app to top-up via Mastercard and Visa payment options as...
People’s Bank of China to use digital yuan for retail CBDC transactions
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9 September, 2023

People’s Bank of China to use digital yuan for retail CBDC transactions

As digital renminbi uses the latest network and mobile payment technology, the director of the Digital Currency Research Institute of...
China eyes cross-border trade with Singapore as CBDC nears $250B transactions
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26 July, 2023

China eyes cross-border trade with Singapore as CBDC nears $250B transactions

Apart from integrating a new wave of cross-border functionalities in its digital yuan, China is looking to drive adoption rates...
China expands digital yuan pilot for SME loans to trigger widespread usage
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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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