A look at the challenges ahead for China's e-CNY, as total transaction volume reached $12.3B in May and ~4.6M merchants across China now accept the digital yuan
Nikkei Asia :
A look at the challenges ahead for China's e-CNY, as total transaction volume reached $12.3B in May and ~4.6M merchants across China now accept the digital yuan
Expansion will require new rules and huge investment in datacenters and other infrastructure.
JD.com says it will support e-CNY on its shopping platform and budget app Jingxi, following WeChat Pay, as China encourages wider adoption of the digital yuan
South China Morning Post :
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 …
China considers setting up a digital asset exchange in Beijing as it calls for faster trials of the digital yuan
China is considering setting up a digital asset exchange in Beijing as officials push to promote usage of the digital yuan and crack down on cryptocurrencies.
China says it is considering setting up a digital asset exchange in Beijing and calls for faster trials of the digital yuan
China is considering setting up a digital asset exchange in Beijing as officials push to promote usage of the digital yuan and crack down on cryptocurrencies.
The People's Bank of China joins Hong Kong, Thailand, and the UAE to explore cross-border payments for digital currencies, like the digital yuan
Coco Feng / South China Morning Post :
Shenzhen is giving local residents 10M yuan (~$1.47M) worth of China's new sovereign digital currency through a lottery, to test and promote the digital yuan
South China Morning Post :