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Feb 26, 20241 min read
Chinese Authority Warns of Fake Digital Yuan App Scam
The Chinese Ministry of Industry and Information Technology (MIIT) has issued a warning about new fraudulent schemes
Feb 20, 20241 min read
Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts
The Chinese city of Shenzhen has implemented digital yuan smart contracts for car pre-payments, a collaboration with the Agricultural Bank
Jan 29, 20241 min read
Chinese Company Issues First $350 Million Tech Innovation Bond Raised in Digital Yuan
A Chinese infrastructure company has successfully raised $350 million in digital yuan for its new technology innovation bond.
Jan 2, 20241 min read
China Looks to Ramp up ‘Cross-border’ Digital Yuan Spending
Chinese bank chiefs are looking to start 2024 by driving up “cross-border” digital yuan spending. Per the Haikou Municipal Commerce
Dec 23, 20231 min read
People’s Bank of China Stresses on Global Regulation for Crypto and DeFi Markets
China’s central bank has called on global financial authorities to regulate the digital asset and decentralized finance (DeFi) markets
Dec 22, 20231 min read
China Achieves First Cross-Border Precious Metals Settlement Using e-CNY CBDC
In a groundbreaking move, China has successfully completed its inaugural cross-border settlement for precious metals through
Dec 12, 20231 min read
China to Verify Citizens' Identities With New Blockchain-Based Platform
Blockchain technology will be used to verify the real-name identities of China's 1.4 billion people, according to an announcement
Oct 24, 20231 min read
PetroChina Completes First International Crude Oil Trade in Digital Yuan
Chinese oil and gas company PetroChina (0857) has completed the first international crude oil trade using the country's central bank digital
Oct 21, 20231 min read
Russia Gov’t Wants to Use Its CBDC for Tax Collection, Paying Benefits
Russia’s government intends to use the digital ruble to make welfare payments, and wants citizens to use the CBDC to pay their taxes.
Oct 21, 20231 min read
Central Banks of China and UAE Sign MoU to Strengthen Digital Currency Cooperation
The Central Banks of China and the United Arab Emirates (UAE) have recently signed MoUs relating to digital currencies during the
Oct 13, 20231 min read
China Opens Industrial Park in Shenzhen to Boost Digital Yuan Ecosystem
China has inaugurated its first industrial park dedicated to the development of the digital yuan, commonly known as the e-CNY, in Shenzhen's
Oct 11, 20231 min read
Rise in Chinese Banks Issuing Digital Yuan Corporate Loans
More Chinese banks are issuing loans in the digital yuan, the nation’s central bank digital currency (CBDC), as e-CNY corporate financing
Oct 6, 20231 min read
China Connects Digital Yuan to Hong Kong’s Fast Payment System
China has taken another step forward in its digital yuan pilot – connecting its CBDC platform to Hong Kong’s Fast Payment System (FPS).
Sep 29, 20231 min read
China Uses Digital Yuan to Recycle Gold, Pay Land Registry Fees
Chinese firms, banks, and city governments are using the digital yuan to recycle gold and pay land registry fees as CBDC adoption
Sep 28, 20231 min read
Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot
China’s Tencent, the operator of the WeChat and WeChat Pay platforms, will join central bank-led digital yuan and CBDC interoperability
Sep 25, 20231 min read
Foreign Travelers Can Now Use China’s Digital Yuan App
Visitors to China can now buy digital yuan tokens with overseas cards via the central bank’s official CBDC mobile app.
Sep 21, 20231 min read
Chinese “Super SIM” Cards to Feature New Digital Yuan Functions
New Chinese “Super SIM” cards will function as digital yuan wallets, smartcards, and ID cards as the nation’s CBDC pilot continues.
Sep 19, 20231 min read
China to establish regulatory standards for metaverse
Beijing is seeking a way to put regulatory burden on the yet-to-be-developed next internet iteration.
Sep 18, 20231 min read
Chinese Central Bank Updates Digital Yuan App
The Chinese central bank has updated its digital yuan app, adding new CBDC-powered features, “service” options, and utilities bill payment
Sep 8, 20231 min read
China Looks to Make ASEAN Digital Yuan Move
China is planning to showcase its digital yuan to the ASEAN nations, and could seek to make “cross-regional use” of its CBDC in the bloc.
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