The much anticipated digital yuan is finally available for foreigners at the Winter Olympics in Beijing. But there’s one issue, not everyone at the event is fascinated with the currency. According to ...
In an era where digitalization is reshaping every aspect of our lives, it comes as no surprise that money, too, has undergone a profound transformation. China, a global economic powerhouse, has taken ...
Imagine a world where your money moves with you, seamlessly and securely, even without an internet connection. Enter the digital yuan, China’s innovative leap into digitizing currency, transcending ...
China's digital yuan, also known as e-CNY, is failing to catch on during a trial in which state employees receive their salary in the central bank digital currency (CBDC), according to a report by the ...
BEIJING, Oct. 27 (Xinhua) -- China's central bank will further refine the management system of the digital yuan and explore its role within the country's broader monetary framework, Pan Gongsheng, ...
China rolled out its digital yuan to its 15th city this month, while the US has only just started to explore a digital dollar. But some experts say that the dollar's global dominance means the spread ...
WeChat to support China’s digital yuan. Digital yuan usage to grow following the move. China expands digital yuan pilot to 11 more cities. WeChat, the popular Chinese messaging and social media ...
China was hoping the Winter Olympics would be a watershed moment for the digital yuan, providing a global stage on which to parade its prowess in financial innovation. China is already on the verge of ...
China is competing for more than just medals at the Winter Olympics in Beijing this month. It’s also quietly trying to define the future of money. Although attendees can pay vendors for food and ...
SHANGHAI, Dec 29 (Reuters) - China's central-bank digital currency is little used, a former official of the People's Bank of China (PBOC) said on Wednesday, financial news outlet Caixin reported.
Rep. Maxine Waters has drafted legislation for the Fed to further study a digital dollar, according to the Wall Street Journal. Other lawmakers have cited China's digital yuan as a reason to move ...