/ Digital Yuan
Chinese Visitors Can Now Pay With eCNY at Over 200 Hong Kong Shops
Bank of China (Hong Kong) Limited launched a digital yuan shopping festival on July 18 to expand CBDC payments and boost local consumption.
July 21, 2023Stablecoins Better Suited for Yuan’s International Appeal, Not CBDCs: Circle CEO
Circle CEO believes a stablecoin pegged to a yuan could prove more effective in terms of internationalizing the country’s national currency.
July 11, 2023DBS Launches Automated CDBC Settlement Platform for Merchants in China
Singapore's biggest bank DBS launched a solution that allows Chinese consumers to collect digital yuan payments.
July 05, 2023WeChat, China’s Most Popular App, Adds Support for Digital Yuan
WeChat Pay adds support for CBDC payments, joining its rival Alipay.
March 07, 2023China Launched the First CBDC Wallet Dispenser, With Disappointing Results
Demand for CBDC hard wallets in China has been disappointing so far, according to local reports.
March 02, 2023