China is set to take its Digital Yuan pilot tests to Shanghai to pursue Central Bank Digital Currency (CBDC). According to the Information Office of Shanghai Municipality, the latest proposed…
The Chinese digital renminbi is officially piloted in the capital of China-Beijing. The Chinese government plans to issue a total of $6.2 million worth of digital currency to Beijing residents through…
China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank…
Some of China’s State-owned banks are reportedly promoting the country’s Central Bank Digital Currency (CBDC) initiatives ahead of a May 5 Shopping Festival in Shanghai. The promotion of the CBDC,…
The People’s Bank of China (PBoC) has confirmed plans to make its Digital Currency Electronic Payment (DCEP) system available to foreign athletes and visitors at the Beijing Winter Olympics in…