Digital Yuan


Finance

JD.Com Says It's Accepting China's Digital Yuan for Latest Lottery

Chinese e-commerce firm JD.Com says it has become the first online platform to accept the nation's central bank digital currency.

yuan, reminbi

Policy

US Intelligence Chief Raises Concerns With SEC Over China's Crypto Dominance: Report

U.S. intelligence chief John Ratcliffe was reportedly seeking clearer regulation around digital currency.

John Ratcliffe, U.S. Director of National Intelligence

Tech

China to Hold Second Lottery Trial of the Digital Yuan

A lottery in Suzhou will additionally trial the offline feature of the digital yuan, per a Monday report.

yuan, china

Markets

Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China's Capital

The discussion of China's digital yuan at a regional-level conference indicates the pilot is being included in state-level planning.

Illustration by Sonny Ross

Policy

PBoC Governor Says 'Successful' Digital Yuan Trials Have Transacted $299M

The governor of the People's Bank of China praised recent tests of the digital yuan at the Hong Kong Fintech Week conference on Monday.

Yi Gang, governor of the People's Bank of China

Finance

Huawei's Mate 40 Phone to Ship With Digital Yuan Wallet

The upcoming Mate 40 line of devices will feature a built-in hardware wallet for China's central bank digital currency.

Huawei Mate 40

Markets

Hong Kong 'Exploring' Collaboration With China on Digital Yuan: Finance Chief

A cross-boundary digital yuan could bring Hong Kong closer to China, Hui said.

hongkongchinaflag

Tech

First Users Not Impressed by China's Digital Yuan: Report

A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should change from existing solutions like Alipay.

Shenzhen store

Policy

Nearly 2 Million Sign Up for China's Digital Yuan 'Lottery'

Around 50,000 digital "red envelopes," reminiscent of the traditional gifts doled out in China for special occasions and each containing 200 digital yuan ($29.60), were handed out Monday.

Yuan