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People’s Bank of China

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...

China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally

Business

Wahid Pessarlay

18 October, 2022

China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally

Amid privacy concerns, there has been a strong adoption of China's digital yuan, with transactions using the virtual currency exceeding...

China expands CBDC testing to 4 new provinces as adoption rates skyrocket

Business

Wahid Pessarlay

24 September, 2022

China expands CBDC testing to 4 new provinces as adoption rates skyrocket

China is embracing the adoption of its digital yuan, as seen in the record-breaking number of citizens piloting the CBDC,...

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

Business

Wahid Pessarlay

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...

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Jordan Atkins

29 Aug 2025

People’s Bank of China

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

China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally

China expands CBDC testing to 4 new provinces as adoption rates skyrocket

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

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