China’s Central Bank Urges More Use of the Digital Yuan
The People’s Bank of China (PBOC) has called for more efforts to enable connectivity between the digital yuan (e-CNY) system and traditional e-payment systems in...
Tag : digital Yuan
Privacy and Protection of Personal Information for the use of the Digital Yuan, Says the Central Bank
The People’s Bank of China is a front-runner in creating and releasing central bank digital currency (CBDC), which in the case of the e-CNY will...
U.S. Bill Would Ban Google, Apple From Hosting Apps That Accept China’s Digital Yuan
Republican senators want to prohibit US app shops such as Apple and Google from hosting applications that accept payments in China’s digital yuan, citing concerns...
Digital Yuan Begins to Be Used in Buses and Trains
China’s digital yuan is now accepted on city trams in Guangzhou, and it can also be used to recharge Xiamen’s city public transportation card, making...
According to the Chinese central bank, more than $300,000 of its digital yuan is used daily during the Olympics
The cryptocurrency market is expanding at a fast pace. This is why more and more new cryptocurrency protocols are being launched in the sector. Also,...
China’s anticipated digital Yuan falls below expectations
China has severely advocated its digital Yuan project in recent times. However, projected as the world’s first major sovereign digital currency, the Chinese digital Yuan...