Search Results for: digital yuan

30 December, 2023

Chinese state-owned entities settle $14M cross-border gold trade with digital yuan

Other participants include the Shanghai Financial Exchange International Board and the Bank of China (Hong Kong), with participants pledging increased...

China, Singapore launch digital yuan cross-border payments pilot for tourists

Business

Wahid Pessarlay

14 December, 2023

China, Singapore launch digital yuan cross-border payments pilot for tourists

The Monetary Authority of Singapore and People's Bank of China have signed the MOU to allow Chinese and Singaporean tourists...

China’s digital yuan pilot gathers steam

Business

Wahid Pessarlay

9 December, 2023

China’s digital yuan pilot gathers steam

The future of CBDC transactions is on the horizon as more banks onboard China's digital yuan pilot, exploring various use...

Digital yuan’s merchant fee removal worries point-of-sale manufacturers

Business

Wahid Pessarlay

26 November, 2023

Digital yuan’s merchant fee removal worries point-of-sale manufacturers

China's digital yuan rollout prompts concerns among point-of-sale manufacturers about potential earnings decline, leading the PBoC to explore incentives for...

China’s digital yuan used for crude oil deal: report

Business

Wahid Pessarlay

3 November, 2023

China’s digital yuan used for crude oil deal: report

China's digital yuan makes its mark in a landmark crude oil transaction, underscoring its growing significance in cross-border trade and...

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

Business

Steve Kaaru

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...

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22 Nov 2024

Search Results for: digital yuan

Chinese state-owned entities settle $14M cross-border gold trade with digital yuan

China, Singapore launch digital yuan cross-border payments pilot for tourists

China’s digital yuan pilot gathers steam

Digital yuan’s merchant fee removal worries point-of-sale manufacturers

China’s digital yuan used for crude oil deal: report

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

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