Articles with tag: digital yuan

Found 5 results in 172 milliseconds.

China tests its CBDC in Shenzen

20 Oct 2020 | Online Payments

China’s USD 1.5 million digital Yuan giveaway has completed successfully, with winners spending around 88% of the total prize pool.

CBDC, digital Yuan, China, digital currency, electronic payment, PBoC

China's CBDC will be distributed in Shenzhen as part of public trials

12 Oct 2020 | Cryptocurrencies

The Chinese city of Shenzhen has announced plans to distribute over 10 million yuan in China’s upcoming digital currency as part of public trials.

Digital Currency Electronic Payment, wallets, digital yuan, merchants, trials, payments digitalisation, DCEP, CBDC, China,

After soft launch of digital yuan wallet, Chinese bank disables the app

31 Aug 2020 | Cryptocurrencies

China Construction Bank (CCB) had opened a wallet service for China’s central bank digital currency to public users, however it has disabled it after the feature gained widespread attention.

DCEP, digital yuan, central bank digital currency, China, China Construction Bank, innovation, mobile wallet, mobile app

Major Chinese cities announce testing of Central Bank Digital Currency

21 Aug 2020 | Cryptocurrencies

Chinese Central Bank Digital Currency (CBDC) will soon be tested in ‘Guangdong-Hong Kong-Macao Greater Bay Area, Beijing-Tianjin-Hebei region, and Yangtze River Delta region’ according to China’s Ministry of Commerce.

Central Bank Digital Currency, CBDC, China, digital yuan, Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, digital wallet app, accounts, money, payments, money transfer

The digital yuan takes a great leap forward, China's Central Bank says

13 Jan 2020 | Cryptocurrencies

According to the People’s Bank of China, the nation’s central bank, the development of a digital yuan (DECP) is making progress.

People’s Bank of China, cryptocurrency, digital currency, digital yuan, China, payments