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Digital Yuan
Tencent and Ant Group-Backed Banks to Join China's Digital Yuan Trial: Report
The two commercial banks join the six state-owned banks already participating in the CBDC trial.
China's Central Bank Is Partnering With SWIFT on a New Joint Venture
It's unclear what the new group's mission will be, though People's Bank of China employees working on its digital currency efforts will be involved.
Geopolitics at Stake in US Response to China's Digital Yuan: Report
From privacy to political power, China’s digital yuan will have far-reaching implications.
Beijing, Shanghai to Join Wider Testing of Digital Yuan in 2021
The wider effort to promote the digital currency precedes a launch in the "near future," per a state media report.
Chinese City Plans Third Digital Yuan Pilot, Giving Away $3M in Prize Draw
Lottery entrants can apply to win 200 digital yuan each.
Chinese Bank Trials Digital Yuan Services at ATMs: Report
Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen.
Shenzhen to Double Digital Yuan Giveaway in China's Latest Lottery Test
The latest digital currency giveaway is aimed to gauge user experience ahead of an expected launch.
Ex-People's Bank Chief Says Digital Yuan Not Planned to Replace Global Currencies
"We are not like libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China.
3 Chinese E-Commerce Giants Join Latest Digital Yuan Lottery Trial: Report
Didi, Meituan and Bilibili are reportedly taking part in the latest test of the digital yuan, allowing lottery winners to spend the digital currency online.
Zhou Xiaochuan: The Father of the Digital Yuan
“The PBOC that is not criticized by the public will not withstand the test of history," the current head of the central bank says. Zhou Xiaochuan's legacy – the digital yuan – was sidelined, until it became necessary.
