China's central bank unveils an overhaul of its digital yuan framework, including saying that commercial banks will soon begin paying interest on holdings
Partner offers — Quick Take — China's central bank will allow commercial banks to pay interests on clients' digital yuan holdings …
China's central bank opens a digital yuan hub in Shanghai; a Chinese state media report says the hub will oversee cross-border payments and blockchain tech
Foster Wong / Bloomberg :
Tencent's WeChat plans to add support for China's digital yuan, e-CNY, to WeChat Pay, which has 800M+ MAUs
Tencent's WeChat will add support for China's digital yuan, e-CNY, to WeChat Pay
- Tencent-owned WeChat, China's largest messaging app and one of the country's biggest payment services, will begin supporting the digital yuan. — The People's Bank of China, which issues …
Some citizens are skeptical of China's digital yuan, e-CNY, preferring Alipay and WeChat Pay; e-CNY has seen 150M transactions worth nearly $10B so far
Policy makers world-wide are watching to see how Beijing goes about replacing cash — China has convinced financial policy makers everywhere …
Chinese central bank official says around 140M people opened wallets for digital yuan as of October and used it for transactions totaling around $9.7B
Some 140 million people had opened “wallets” for China's new digital yuan as of October and used it for transactions totalling around 62 billion yuan …
China's central bank says its digital yuan trial reached $5.3B in transaction value by end of June, but won't set a timetable for official rollout
Bloomberg :
JD.com says it will launch a pilot program this month to test digital yuan, the cryptocurrency backed by China's central bank
JD.com says it will launch a pilot program this month to test digital yuan, the cryptocurrency backed by China's central bank
Claire Che / Bloomberg :
China says the People's Bank of China has processed 3M+ transactions in digital yuan, worth ~$162M, as part of its digital currency pilot
Liam Frost / Decrypt :