Search Results for: digital yuan

France’s BNP Paribas partners with Bank of China to promote digital yuan usage
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11 May, 2023

France’s BNP Paribas partners with Bank of China to promote digital yuan usage

A digital management system for corporate clients will encourage "efficient and real-time" adoption of China's CBDC, according to a statement...
China doubles down on digital yuan adoption with new payment scheme
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26 April, 2023

China doubles down on digital yuan adoption with new payment scheme

The Chinese city of Changshu is shaping itself as a model for CBDC adoption as it introduces a new payment...
WeChat adds digital yuan to payment platform as People’s Bank of China pushes for wider adoption
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11 March, 2023

WeChat adds digital yuan to payment platform as People’s Bank of China pushes for wider adoption

WeChat is lending the central bank a hand to support China's CBDC ambition by integrating the e-CNY in WeChat Pay,...
China’s digital yuan sees dismal adoption in Hong Kong
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7 March, 2023

China’s digital yuan sees dismal adoption in Hong Kong

Despite a renewed push by the Chinese central bank to woo users in Hong Kong, only 625 hard wallets were...
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’s Communist Party sets ambitious goals for the digital yuan in 2023
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8 February, 2023

China’s Communist Party sets ambitious goals for the digital yuan in 2023

Officials of the Chinese Communist Party (CCP) in Suzhou are eyeing a massive usage spike of the digital yuan in...