Search Results for: digital yuan

China’s digital yuan deployed in securities trade for the first time
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20 January, 2023

China’s digital yuan deployed in securities trade for the first time

Soochow Securities has become the first Chinese firm to use the digital yuan in securities trading and providing technical and...
People’s Bank of China currency report now includes digital yuan
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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 digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts
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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
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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...
Australia: Senator introduces bill regulating digital assets, stablecoins and digital yuan
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20 September, 2022

Australia: Senator introduces bill regulating digital assets, stablecoins and digital yuan

Introduced by Senator Andrew Bragg, the Digital Assets (Market Regulation) Bill 2022 requires disclosures from Australian companies dealing in digital...
Chinese municipal bank issues first digital yuan loan holding IP as collateral
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9 August, 2022

Chinese municipal bank issues first digital yuan loan holding IP as collateral

The Rural Commerce Bank of Zhangjiagang, located in China's Suzhou province, has issued the first-ever digital yuan loan backed by...
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