In an effort to encourage the adoption of the Central Bank Digital Currency (CBDC), more Chinese cities are set to distribute digital yuan tokens and discount vouchers this month. The...Read More
A state-owned Chinese bank, the Bank of China, is set to connect the digital yuan to the payment platform of what is referred to as the “world’s biggest small commodities...Read More
Didi Chuxing, the renowned ride-sharing powerhouse in China, has launched a service that incorporates the digital yuan. This initiative allows residents across 250 regions in the country to utilize their...Read More
China is evidently keen on expanding its digital yuan (CBDC) on an international scale, hinting at future integrations with CIPS and BRI. According to a report by Alpha Factory (sourced...Read More
Chinese banks and enterprises are keen to intensify their utilization of smart contracts powered by the digital yuan, reflecting the financial and business sectors’ attention to CBDC advancements. According to...Read More
An increasing number of Chinese enterprises are adopting the digital yuan for salary payments, in line with Beijing’s efforts to boost the usage of its Central Bank Digital Currency (CBDC)....Read More
Hong Kong is progressing into the next phase of technical testing for China’s digital currency, the digital yuan, broadening the trial to encompass additional Hong Kong-based banks. The collaboration between...Read More
A commercial bank in China has rolled out a novel rewards program utilizing the digital yuan, where individuals earn CBDC tokens for recycling waste. As reported by Danzong through Xinhua,...Read More
Minsheng Bank in China has revealed a partnership with the e-commerce behemoth JD.com, which is enthusiastic about the Central Bank Digital Currency (CBDC), to initiate a digital yuan-driven payment facility....Read More
Chinese banks are exploring the expansion of digital yuan usage in their functions, initiating the country’s premiere settlement service for bulk commodity spot clearing driven by the central bank digital...Read More
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