Digital Yuan Archive

Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency

The Chinese government is giving away 15 million yuan in central bank digital currency

China’s Central Bank Adds More Digital Yuan Pilot Cities

China’s central bank, the People’s Bank of China, has added more cities to test

PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day

The People’s Bank of China (PBOC), the Chinese central bank, has revealed how its

US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities

A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised

China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made

China’s central bank digital currency now has 261 million unique users, according to an

Digital Yuan Wallet Ranks Among Most Downloaded Apps in China

The new wallet of China’s state-issued digital currency has quickly become one of the

China’s Digital Yuan Wallet App Now in iOS and Android App Stores

China’s central bank has released its digital currency wallet app ahead of the Winter

China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets

China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions

Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February

According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to

Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals

The central bank of Laos intends to explore issuing its own digital currency, according

‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency

According to a report published by the Bank of International Settlements (BIS) and a

Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance

Two Chinese banks are expanding their pilot programs for the digital national fiat. The

People’s Bank of China Targets Crypto Companies in Shenzhen Crackdown

The Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out

Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar

Pointing to a number of reasons why a digital version of the U.S. dollar

Digital Yuan to Promote International Use of Chinese Currency, Experts Say

The new digital yuan, currently undergoing trials, can help to increase the international usage

81 Countries Are Now Exploring Central Bank Digital Currencies — 5 CBDCs Fully Launched

Eighty-one countries are now exploring central bank digital currencies (CBDCs), according to a new

Chinese Miners Pivot to Alternative Currencies to Keep Operating

The Chinese mining crackdown forced many miners to stop their operations and relocate. But

China Offers Medics Digital Yuan Insurance Policy for Covid-19

China’s first insurance policy using the digital yuan for settlement has been issued in

US Senators Seek to Forbid American Athletes From Receiving and Using Digital Yuan During Beijing Olympics

Three U.S. senators have urged the United States Olympic & Paralympic Committee to forbid

China Reveals Digital Yuan White Paper: Smart Contracts, $5.4B Settled, Large Transfers Traced

The working group involved with the research and development of the digital yuan for

China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals

China, which has arguably the most advanced digital currency project among leading nations, has

China Opens Digital Yuan Whitelist for Ten Million Citizens

The Chinese government is taking its digital yuan test one step further. Now, 10

Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan

In mid-May, a report stemming from residents in Shenzhen, China explained that the digital

Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022

While the U.S. ramps up discussions of a digital dollar and China’s central bank

Brian Armstrong Meets With Fed Chair Jerome Powell – ‘US Needs to Be a Major Crypto Player to Stay Relevant’

According to Jerome Powell’s conference calendar, the CEO of Coinbase, Brian Armstrong, met with

Beijing and Suzhou Railways Now Accept Digital Yuan Payments for Ride Fares

Beijing subway has officially launched a new program that allows passengers to pay for

Over 3,000 ATMs in Beijing Offer Digital Yuan Withdrawals

Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations