Search Results for: digital yuan

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 Digital Yuan usage dominated by enterprise and business
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21 August, 2023

China Digital Yuan usage dominated by enterprise and business

As China’s data shows, businesses and governments are interested in digital currencies, so focusing on legal compliance and enterprise usage...
Chinese tourists visiting Hong Kong can now use digital yuan to pay in select stores
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28 July, 2023

Chinese tourists visiting Hong Kong can now use digital yuan to pay in select stores

The move, which began on July 18, follows the launch of a digital yuan shopping festival organized by the Bank...
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