China Guangzhou Public Transport Launches Digital RMB Payment Function
China's Guangzhou became the first city to launch a pilot function of a digital RMB payment code to pay for bus rides. Passengers can now use the digital yuan (e-CNY)…
U.S. Should Examine Chinese Digital Yuan Rollout during Winter Olympics: Senator Toomey
Senator Pat Toomey, a senior member of the U.S. Senate Banking Committee, requested the U.S. administration to closely examine the Chinese digital yuan's rollout during Beijing Winter Olympics. In a…
WeChat Offers Digital Yuan Payments Ahead of Beijing Winter Games
WeChat has become compatible with payments using the digital yuan ahead of the Beijing Winter Olympics, owner Tencent Holdings said. The move by Tencent comes at a time when the…
Macau Likely to be Test Bed for China's Digital Yuan: Reuters
Macau is expected to be a testbed for China's digital yuan, also known as the e-CNY, as casino owners prepare to bid for new licenses in the city for the…
HK FinTech Week: China’s eCNY Wallet Registers 140M Users, Rises 6 Times More, says PBoC Official
China’s Central Bank – the People’s Bank of China (PBOC) – has announced that the number of users of its digital yuan wallets, also popularly recognized as the e-CNY, has…
Chinese Authorities Wants McDonald's to Expand its Digital Yuan Acceptance
In a bid to advance the national integration of its Central Bank Digital Currency (CBDC) dubbed the Digital Renminbi (e-CNY), Chinese authorities are reportedly mounting pressure on McDonald’s as well…