Articles with tag like: digital yuan

Found 12 results in 564 milliseconds.

IDEX Biometrics featured in digital RMB hardware wallet trials

News | Digital Identity, Security & Online Fraud | 19 Feb 2021

IDEX Biometrics has announced that its fingerprint sensors and biometric software have been included in digital Renminbi (RMB) trials launched by the Postal Savings Bank of China.

IDEX Biometrics, digital RMB, digital renminbi, digital yuan, CBDC, China, Asia, biometric authentication, fraud prevention, digital identity

Chinese banks may be working on digital yuan wallets

News | Cryptocurrencies | 25 Jan 2021

Eight commercial Chinese banks may be working on their own digital yuan wallets or banking platforms that can interoperate with the token.

China, banking, digital wallets, CBDC, digital yuan, online banking, digital banking

China's BSN blockchain network plans multinational CBDC pilot in 2021

News | Cryptocurrencies | 18 Jan 2021

China’s Blockchain-based Service Network (BSN) has outlined a plan for a global network that will support future central bank digital currencies (CBDC) from multiple countries.

Blockchain-based Service Network, API, CBDC, China, BSN, blockchain, payments, digital yuan

PBOC tests CBDC for in-store payments via contactless cards and wearables

News | Cryptocurrencies | 11 Jan 2021

The People’s Bank of China (PBOC) has begun piloting its central bank digital currency (CBDC) for in-store payments via contactless cards and wearables.

CBDCs, card wallets, NFC, contactless hard wallet, NFC, wearables, China, merchants, payments, digital yuan, People’s Bank of China, PBOC

Huawei's new line of smartphones to feature digital yuan compatible wallet

News | Mobile Payments | 04 Nov 2020

Huawei has announced that the Mate 40 line of devices will feature a hardware wallet that will allow users to make transactions with China’s digital yuan CBDC.

Huawei, China, Asia, product launch, NFC payments, CBDC, digital yuan, transactions , e-wallet, Mate 40

PBoC governor praises digital yuan trials

News | Cryptocurrencies | 02 Nov 2020

The governor of the People’s Bank of China, Yi Gang has praised recent tests of its national digital currency at the Hong Kong Fintech Week conference.

PBOC, digital yuan, digital currency, central bank, China, payments

Digital CNY to grow retail payments and prevent USD dominance

News | Cryptocurrencies | 30 Oct 2020

A former governor of the China-based central bank has addressed the sovereign digital currency issue, the digital CNY being designed to grow retail payments at home and prevent USD dominance.

China, digital yuan, digital CNY, retail payments, stable coins, digital currency, Bank of China, DCEP, electronic payment

China tests its CBDC in Shenzen

News | Online Payments | 20 Oct 2020

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

News | Cryptocurrencies | 12 Oct 2020

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

News | Cryptocurrencies | 31 Aug 2020

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

News | Cryptocurrencies | 21 Aug 2020

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

News | Cryptocurrencies | 13 Jan 2020

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