Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency. China’s digital currency ...

Chinese workers are showing a lack of enthusiasm towards the country’s central bank digital currency (CBDC). A report on May 13 revealed that some workers who received their salaries in digital yuan ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. DBS is the first foreign bank in China to embed the CBDC into ...

Cities in China will soon begin testing a new Central Bank Digital Currency, or CBDC. Scammers are now taking advantage of this fact by impersonating “CBDC test” groups. According to Tencent QQ, ...

A video on Chinese news network CCTV is also being circulated reviewing the Digital RMB. On August 14, 2020, the Chinese Ministry of Commerce issued a notice that China will launch a digital currency ...

China is pushing the adoption of her national digital currency, the digital yuan, to new heights as a number of tech firms have integrated the option into their services. The latest Chinese firm to ...

The digital currency, or "eCNY" as it is known, could give China "a little more leeway for economic retaliation," according to Fanusie. He provided the recent example of H&M being "pretty much booted ...

On July 16th, the Peoples Bank of China (PBOC) released a new progress report on the research and development of e-CNY. This is the first publication of an English language explanation from the PBOC ...

2.6 million people in Shenzhen signup for CBDC airdrop The City of Shenzhen seeks to revive economy post Covid-19 pandemic Ready to turn the market’s comeback into steady cash flow? Grab the top 3 ...

The bankruptcy hearing of Celsius Network could bring greater legal certainty as people continue to use crypto lending platforms, former Commodity and Futures Trading Commission (CFTC) Chief J.