Tourists planning to visit the People’s Republic of China can now pre-charge their digital yuan wallets using Visa and Mastercard payment options as the nation continues to update the mobile app ...
China’s digital currency program has completed its first cross-border consumer payment using the digital yuan in Laos. China ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. WeChat, the world’s biggest super app with more than 1.2 ...
China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial ...
China's central bank digital currency (CBDC) app, e-CNY, recorded 180 million personal wallets and transactions worth ¥7.3 trillion ($1.02 trillion) by July 2024, in its ongoing pilot program. This ...
China has enabled smart-contract functionality for its central bank digital currency (CBDC), the digital yuan, through the e-commerce app Meituan, one of China's largest food delivery and lifestyle ...
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity. WeChat, China’s leading social networking and payment app, has added the ...
China's leading on-demand service provider Meituan on Wednesday began allowing more than 200 types of offline merchants - including restaurants, grocery stores, cinemas, and hotels - to accept ...
In an effort to offer an alternative amid the global rise of stablecoins - cryptocurrencies pegged to a reference asset, such as a fiat currency - China's central bank is poised to upgrade its digital ...
How can the Digital Yuan perform against the current US dollar-based global financial system? Well, read this piece to understand the details. Some central banks worldwide are already working on ...
Chinese investors have injected over $188 million into digital yuan-related stocks following the People’s Bank of China’s ...